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The BreakdownThe Breakdown
Ethena's Synthetic Dollar: How It Works and What Can Break
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Digital AssetsBreakingDigital Assets
Crypto Derivatives Volume Hits $3.84T in September as Big Three Exchanges Dominate
Binance, OKX and Bybit control 75.3 percent of the market while futures-to-spot ratio compresses 19.8 percent, signaling a shift in how traders are positioning.
DeFi & On-ChainBreakingDeFi & On-Chain
Starknet Launches Shadow Accounts to Obscure Wallet-DeFi Links
The Ethereum Layer 2 creates separate addresses for applications funded via shielded STRK20 balances, keeping transactions visible on-chain.
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Editor’s ReadOctober 13, 2026
CFTC Crypto Derivatives Rules Unlikely Before 2028 Election, TD Cowen Says
TD Cowen analysis suggests CFTC framework for leveraged crypto trading will miss pre-election finalization, leaving derivatives markets under existing rules longer
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