MAROKO133 Eksklusif crypto: YZi Labs-Backed Perp DEX Aster Delays Airdrop Over Data Issues

📌 MAROKO133 Eksklusif crypto: YZi Labs-Backed Perp DEX Aster Delays Airdrop Over D

Aster (ASTER), the decentralized exchange backed by Binance founder Changpeng Zhao’s investment firm YZi Labs, has postponed its upcoming airdrop after identifying “potential data inconsistencies.”

Originally set for October 14, the airdrop will now take place on October 20, pending internal verification, the team announced on Friday.

Aster Promises Fair Adjustments After Users Flag Airdrop Allocation Errors

The Aster team said it would update “certain users’ allocations where needed,” noting that “for most users, allocations should not fall below the final snapshot RH% in each epoch.”

The cause of the discrepancies was not fully detailed, but the decision follows user complaints about inaccurate results from the “S2 airdrop checker” tool released earlier in the day.

One trader claimed an allocation of only 336 ASTER tokens despite having generated over $9 million in trading volume. In total, 153,000 wallets are eligible for the Aster Genesis: Stage 2 airdrop.

Formerly known as APX Finance, Aster is a cross-chain perpetual futures DEX operating on Solana, Ethereum, Arbitrum, and BNB Chain.

The platform, which aims to rival Hyperliquid, recorded more than $420 billion in trading activity last month, according to The Block.

At the time of writing, ASTER is trading near $1.69, largely steady despite broader market weakness driven by renewed trade tensions following Donald Trump’s announcement of 100% tariffs on Chinese imports.

Last week, DeFiLlama temporarily removed trading volume data for Aster after detecting unusually high correlations with Binance’s perpetual volumes.

Co-founder 0xngmi announced the delisting on October 5, citing data integrity concerns after Aster’s XRP/USDT and ETH/USDT pairs showed nearly 1:1 correlation ratios with Binance.

The analytics site said it lacks the granular data needed to confirm potential wash trading, prompting the suspension until verification becomes possible.

The move has divided the crypto community, sparking debate over whether the volumes were manipulated or simply reflected a liquidity migration from Binance to Aster.

Blockchain investigator ZachXBT criticized Anndy Lian for downplaying the issue, while Lian argued that volume alignment across major projects is normal and that Aster’s activity mirrors broader market behavior.

He added that aggressive spending to gain market share is a business decision, not necessarily manipulation.

Aster Reimburses Traders After XPL Price Glitch Triggers Liquidations

Last month, Aster reimbursed users in USDT after a sudden price spike in the XPL perpetual contract triggered forced liquidations.

The anomaly, which occurred during the transition from pre-launch to live trading, saw the price of XPL briefly surge to over $4, well above its $1.30 average on other platforms.

The exchange responded quickly, completing the first round of reimbursements within hours and compensating affected traders for liquidation and trading fees.

While the exact cause remains unconfirmed, early speculation points to a misconfigured index price or missing sync with live market data. Aster has pledged to continue its investigation into the incident.

The glitch followed the mainnet launch of Plasma, a stablecoin-focused Layer 1 whose native token XPL rapidly hit a $12 billion valuation.

The post YZi Labs-Backed Perp DEX Aster Delays Airdrop Over Data Issues appeared first on Cryptonews.

🔗 Sumber: cryptonews.com

📌 MAROKO133 Hot crypto: Crypto Market Flips from ‘Greed’ to ‘Fear’ in 24 Hours – M

The crypto Fear and Greed Index plunged from 64 (Greed) to 27 (Fear) within 24 hours following President Donald Trump’s announcement of 100% tariffs on Chinese imports, triggering what CoinGlass described as “the largest liquidation event in crypto history.”

Over 1.66 million traders were liquidated with total losses exceeding $19.33 billion, though actual figures may surpass $30 billion according to some estimates, as Binance only reports one liquidation order per second.

Tariff Shock Erases $1 Trillion in Three-Hour Cascade

Bitcoin crashed from above $122,000 to briefly below $102,000, wiping out all gains since August, while Ethereum tumbled from $4,783 to $3,400 before recovering.

The global crypto market cap fell over 9% in 24 hours to $3.8 trillion, with approximately $1 trillion erased in just three hours.

More than $7 billion in positions were liquidated in less than one hour of trading on Friday alone.

Long positions absorbed the bulk of damage, totaling $16.83 billion in losses compared to $2.49 billion from shorts.

Bitcoin led liquidations at $5.38 billion, followed by Ethereum at $4.43 billion, Solana at $2.01 billion, and XRP at $708 million.

Hyperliquid saw the largest single liquidation, an ETH-USDT position worth $203.36 million.

The exchange handled $10.3 billion or roughly 53% of all liquidations, followed by Bybit with $4.65 billion, Binance at $2.39 billion, and OKX at $1.21 billion.

The collapse dwarfed previous record events, including the March 2020 COVID crash that saw $1.2 billion in liquidations and the November 2022 FTX collapse with $1.6 billion.

Friday’s event was approximately 20 times larger than the COVID crash, with Brian Strugats of Multicoin Capital noting the focus now turns to “counterparty exposure and whether this triggers broader market contagion.”

October’s Historical Strength Faces Unprecedented Test

Yesterday, Economist Timothy Peterson noted that drops of more than 5% in October are “exceedingly rare,” occurring only four times in the past decade during October 2017, 2018, 2019, and 2021.

Following each previous drop, Bitcoin rebounded by 16% in 2017, 4% in 2018, and 21% in 2019, with only 2021 seeing a further 3% decline.

October ranks as Bitcoin’s second-best performing month on average since 2013, delivering average returns of 20.10% and trailing only November’s 46.02% average gain according to CoinGlass data.

If history repeats and Bitcoin mirrors its strongest October rebound of 21% from 2019, a similar move from Friday’s $102,000 low would place the cryptocurrency around $124,000 within a week.

However, Trump’s tariff announcement scheduled for November 1 in response to Beijing’s export restrictions on rare earth elements creates ongoing policy uncertainty.

The president later hinted he could reverse tariffs if China changes course before the deadline, potentially triggering a short-term market recovery, though liquidation losses remain locked in.

According to Bloomberg, Caroline Mauron, co-founder of Orbit Markets, identified $100,000 as Bitcoin’s next major support level, below which “would signal the end of past three-year bull cycle.”

Bitcoin options markets reflected this view with the highest number of put strikes at $110,000 and the next highest at $100,000, according to Deribit data.

Analysts Split on Whether Liquidation Marks Bottom or More Pain Ahead

Jan3 founder Samson Mow maintained bullish sentiment, noting “there are still 21 days left in Uptober.”

MN Trading Capital founder Michael van de Poppe called the event “the bottom of the current cycle,” comparing it to the COVID-19 crash that marked the previous cycle’s low.

The Bitcoin Libertarian took a longer-term view, suggesting that “in a few years, Bitcoin will crash from $1M to $0.8M in a few hours.”

David Jeong, CEO at Tread.fi described in the Bloomberg report that the market is experiencing a “black swan event,” noting that many institutions likely didn’t expect this volatility level.

Similarly, Vincent Liu, chief investment officer at Kronos Research, said the rout was “sparked by US-China tariff fears but fueled by institutional over-leverage,” adding that crypto’s macro ties were now clear.

The Fear and Greed Index reading of 27 compares to 64 yesterday, 71 last week, and 54 last month, marking one of the fastest sentiment reversals in crypto history, with Bitcoin also touching over a 6-month low within hours.

Technical Analysis: Critical Support Tests for BT…

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🔗 Sumber: cryptonews.com

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