Adam Forsyth

ZachXBT warns AscendEX may face liquidity issues as withdrawals stall

On-chain investigator ZachXBT has warned that centralized exchange AscendEX may be delaying user withdrawals due to possible liquidity stress.  Summary ZachXBT says AscendEX users reported withdrawals delayed for days or weeks without clear processing updates. Known hot wallets appear short of large assets, raising fresh concerns about exchange liquidity. The alert follows wider scrutiny of…

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Multicoin Capital backs $319 HYPE target despite major risk warnings

Multicoin Capital has projected that Hyperliquid’s HYPE token could reach $319 by 2028 despite identifying several structural and market risks that could threaten its long-term outlook. Summary Multicoin Capital has forecast a $319 HYPE price by 2028, citing Hyperliquid’s earnings growth and expanding market share. The firm pointed to HIP-3, token buybacks, and rising perpetual…

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Solstice and Tensorx to Buy $1 Billion in AI Infrastructure to Support EU Sovereign AI Demand

[PRESS RELEASE – London, United Arab Emirates, June 25th, 2026] Solstice to launch aiUSX, a yield-bearing asset that lets companies help finance the buildout with the capital they already hold for AI. TensorX and Solstice today announced a partnership to finance European sovereign AI infrastructure. TensorX and Solstice will work together to create a facility…

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Kraken launches institutional crypto lending model with Maple

Kraken has expanded its institutional lending business through a new Maple-backed financing facility built around a bankruptcy-remote SPV. Summary Kraken and Maple launched a USDC-funded SPV facility for institutional crypto-backed loans. Maple will provide senior financing while Kraken retains exposure and services the loans. Tokenized credit has grown past $6.2 billion, with Bernstein seeing a…

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