Stablecoins
Kraken’s $80 stablecoin fee gap exposes hidden costs
An 80-basis-point trading-fee gap changes a conditional comparison, while payouts, account access and remaining route costs determine the full price.
stablecoins
Latest stories
Hacks
Drift hacker washes $63M through Tornado Cash, leaving recovery claims in limbo
The address Etherscan labels “Drift Exploiter 5” made 258 deposits on Oct. 20, nearly emptying this wallet.
Stablecoins
XRP Ledger’s booming activity faces scrutiny as 110 bot wallets dominate RLUSD payments
A small cluster generated nearly half of all XRPL payments during one week before its activity abruptly declined.
Governance
BNB Chain splits asset power across 4 roles while admins hold the key
Jenner’s testnet release separates CAS20 creation from issuer powers, while shared compliance lists would depend on another network switch.
Taxes
French MPs back crypto tax, and stablecoin swaps take the hit
The October 16 first-reading votes advance a proposal covering MiCA e-money tokens, with a January 2027 start conditional on enactment.
AI
Binance opens free AI trading, yet user liability remains 100%
Standard includes 250,000 monthly usage credits and live deployment, while users must approve workflows and supply trading funds.
Liquidations
Whale loses $469,000 in hours on Hyperliquid, yet re-enters with $16M ETH short bet
The unknown trader realized about $469,000 in losses before fees overnight, then added another 1,126 ETH of shorts.
Derivatives
Binance’s SOXL mark fell 5.9% despite a 3% price band. Here’s why
During one hour on October 17, SOXL’s mark fell 5.9% from opening to low while all 60 sampled minute-close gaps to the moving index stayed below 3%.
Stablecoins
Circle removes USDC redemption surcharges as Express keeps its 0.05% fee
Circle Mint is removing overage fees from October 19 billing periods. Standard remains fee-free, while Express costs 0.05% before credits.
Staking
Two Aave stablecoin backstops shrank $12.4 million as reward rates rose
Two tracked Ethereum V3 Umbrella stakes fell 9.7%, while their implied annualized reward run rate stayed near $2 million.
Macro
Trump waives new Russia tariffs as October 18 oil deadline arrives
The order leaves the new duties waived without a fixed expiry while keeping specified earlier sanctions in place.
Stablecoins
TRON moved $2.2 trillion in stablecoins while TRX supply grew for 108 straight days
TRX supply grew on all 108 days from July 1 through October 16 as burns fell short of newly issued rewards.
