
According to SlowMist monitoring, on December 1st, the decentralized financial protocol yearn was hacked, causing about $9 million in losses. The SlowMist security team analyzed the incident and confirmed the root cause as follows: The vulnerability stems from the logic of the _calc_supply function used to calculate the supply in the Yearn yETH Weighted Stableswap Pool contract. Due to an insecure mathematical operation, the function...
Trading volume of options tied to BlackRock's Bitcoin ETF (IBIT) has soared, with a total of 7,714,246 IBIT options contracts in active or non-position squaring as of Tuesday, CoinDesk reported. According to optioncharts.io data, IBIT option contracts rank ninth in terms of non-position squaring contracts among U.S. listed stocks, ETFs, and index-linked options; for stock options alone, IBIT options rank second in terms of non-position squaring contracts. According to reports, IBIT options have ...
The data shows that since the beginning of October, the amount of XRP futures unpositioned squaring contracts has dropped from 1.70 billion XRP to 700 million XRP, a decrease of 59%; at the same time, the funding rate has also dropped from about 0.01% to 0.001%. According to blockchain data analytics platform Glassnode, this phenomenon signals a structural stagnation in the market's speculative appetite for XRP.
On November 13th, CryptoQuant analyst Darkfost said that the deleveraging process of the market is still continuing, excess risk is constantly being removed, and the use of leverage is gradually cooling down. The volume of unpositioned squaring contracts has decreased by 21% in the past three months (90-day change), and the leveraged position is declining significantly. During the adjustment period of September 2024 and April 2025, the decline of about -24% and -29% of the leveraged position was...
GlassNode tweeted that after the deleveraging wave in October, the volume of bitcoin futures (unpositioned squaring contracts) continued to be low, with few signs of new speculative position accumulation. The active level of the derivatives market fell sharply, reflecting the general background of low market sentiment.
Canaan Inc. announced a 4.50 trillion-watt contract in Japan to deploy its Avalon liquid-cooled bitcoin mining machine for real-time grid peaking and energy optimization The project is led by a large local utility company, and the relevant facilities will use Canaan's intelligent control chips to dynamically adjust voltage, frequency and computing power to help the power grid operate stably. It is expected that by the end of 2025, the project will also achieve energy efficiency improvement.
According to the chart published by glassnode, the amount of bitcoin unpositioned squaring contracts has dropped by about 30%, and a large amount of excess leveraged funds have been removed from the market. At present, the funding rate is close to neutral level, and the risk of the market encountering a new round of liquidation has been greatly reduced.
Following the market crash on October 11, the amount of unpositioned squaring contracts on the perpetual contract DEX plunged from $26 billion to less than $14 billion, the lowest level in months.
On October 7th, data center operator and bitcoin miner IREN Limited (IREN.US) announced that it has signed additional multi-year Cloud as a Service contracts with several artificial intelligence (AI) companies, involving the deployment of Nvidia (NVDA.US) Blackwell series of GPUs. As of now, 11,000 of the 23,000 GPUs have been signed to customer contracts, corresponding to about $225 million AI cloud ARR, which is expected to be operational by the end of 2025.