Creations, redemptions, and reading the data
Every evening, a handful of numbers tells the market what institutions did…
What Is a Stablechain? Payment Blockchains Explained
A new category of blockchain launched into the mainstream in 2026: networks…
Hyperliquid HIP-3 and HIP-4 Explained: Perps to Predictions
Two protocol upgrades turned Hyperliquid from a crypto perpetuals exchange into something…
How Prediction Markets Resolve: UMA Oracle Explained
Billions of dollars in prediction market positions settle every month based on…
Brazil tightens crypto oversight with new capital rules for exchanges
Brazil has approved new prudential rules that will require virtual asset service…
What is realized price? Bitcoin’s on-chain cost basis
Market price tells you what Bitcoin is worth right now. Realized price…
What is Ripple Prime? Inside Ripple’s Prime broker
Ripple spent $1.25 billion to buy a prime broker that clears trillions…
What is a consortium stablecoin? Open USD model
Tether and Circle built their businesses by keeping the interest on the…
What Is cross-margining in crypto trading?
Cross-margining lets your whole account balance backstop every open trade, so a…
What is a token burn? How buyback-and-burn works
Burning a token means destroying it on purpose, sending it to an…