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A $1.8 billion leverage trap is building on Solana as traders pay 11-month high rates to defend $78

Aggregated funding on SOL perpetual futures has climbed to its highest level since September 2025, according to Velo data. Solana's futures open interest sits near $1.8 billion, equal to roughly 23.1 million SOL in notional exposure at current prices. Most major venues, including Binance, Bybit, Hyperliquid and OKX, show positive funding near 0.01% every eight […]

CryptoSlateCryptoSlateGino Matos9 Aug

Bybit Expands European Footprint With Austrian EMI License

Austria’s Financial Market Authority (FMA) has granted Bybit a license enabling it to build future payment features, including peer-to-peer transfers and card initiatives. Regulatory Dual Framework Cryptocurrency platform Bybit announced Aug. 4 that its local subsidiary, Bybit Payments GmbH, has been granted an electronic money institution (EMI) license by Austria’s Financial Market Authority (FMA). The […]

Bitcoin.com NewsBitcoin.com NewsTerence Zimwara4 Aug