Pyth Network has facilitated $100 billion in trading volume on Hyperliquid, a decentralized derivatives platform. The oracle provider powers perpetual futures markets on Hyperliquid and other trading venues, enabling 24/7 trading with real-time price feeds. This milestone reflects growing adoption of decentralized trading infrastructure and Pyth’s role in providing reliable price data for on-chain markets.
Archives: Fast News
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ASI:One platform upgrades rolling out with brief service interruptions
Fetch.ai announced upgrades to its ASI:One platform aimed at improving speed, intelligence, and reliability. The update is expected to cause brief interruptions as the rollout proceeds, with normal service expected to resume shortly.
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IRS crypto reporting rules create tax complexity for traders
The IRS crypto reporting rules are expected to complicate tax filing for traders, particularly those using DeFi protocols and managing transactions across multiple wallets and exchanges. Traders with complex transaction histories involving transfers between different platforms will need to carefully track and report their activity. The new reporting requirements aim to improve tax compliance in the crypto space, though implementation challenges remain for those with high-volume trading activity.
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Blockchain transparency can address money laundering while preserving financial privacy
Blockchain’s transparent ledger system can trace illicit financial flows more effectively than traditional fiat systems, according to industry analysis. Implementing unified anti-money laundering (AML) standards across cryptocurrency platforms and fostering industry-wide information sharing can close regulatory gaps without restricting legitimate financial activity or privacy rights.
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DEGO rises over 8.27% in 30 minutes, the last price is 29,404 VNDC
DEGO trading volume is $11.5m. Market capitalization reaches $20.79m.
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Flare network expands XRP functionality with data and interoperability stack
Flare is a unified blockchain stack designed to enhance capabilities for XRP and real-world assets. The platform combines data infrastructure, interoperability protocols, and confidential computing to enable new use cases beyond current XRP functionality. The development aims to bridge blockchain networks and integrate real-world asset applications over time.
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Ripple executive: RLUSD and RWA tokenization have no direct XRP impact
David Schwartz, chief technology officer at Ripple, stated that RLUSD stablecoin and real-world assets (RWA) tokenization do not directly influence XRP’s price or utility. However, Schwartz noted that the indirect effects could be significant, as broader adoption of tokenization on the XRP Ledger ecosystem could drive network growth and use cases. XRP traded at $1.40 as of the latest update. The distinction highlights how infrastructure developments may strengthen the network without immediately impacting the native token.
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Social media chatter focuses on FAM token and weekend activity
Crypto social media activity is showing elevated discussion around FAM token and weekend-related conversations, according to Santiment trend data. The narrative tracking shows FAM-related discussions leading at a score of 555.8, followed by mentions of kharg (421.6) and war-related content (284.3). Weekend activity patterns and Friday discussions are also notable in current social sentiment, suggesting increased engagement ahead of the market close.
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This week’s Bitcoin purchases by Strategy may go beyond 30,000 coins
Analysts suggest that this week’s Bitcoin purchases by Strategy might surpass 30,000 coins, with the information coming from The Bitcoin Historian. The potential market influence of these large trades is expected to be considerable.
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Binance sets 3 BNB purchase limit for Katana Prime sale
On March 14th, Binance Wallet confirmed that the Katana Prime Sale allows individual users to buy up to 3 BNB. After the Pre-TGE phase, users can claim a KAT Key (BSC), and KAT tokens will be airdropped to Binance Alpha accounts on TGE day.