Cryptonews

Unraveling the World of Crypto - One News at a Time

PiggyBank’s LAB hedge backfires as USDC vault NAV drops 15%

Crypto.News Published 08.06.2026 07:24

PiggyBank closed its LAB hedge after extreme swings, with estimated NAV drawdowns of 15% for USDC, 12% for SPYx and 9% for JitoSOL accounts.

Read full article →

Related articles

  • Will Markets Continue to Fall When $1.8B Crypto Options Expire Today?
    CryptoPotato Published 05.06.2026 05:49
  • Anthropic Splits the AI Frontier in Two: What the Claude Fable 5 and Mythos 5 Launch Means for Crypto, Markets, and Everyone Else
    Brave New Coin Published 09.06.2026 21:31
  • Bitcoin Price Prediction 2026: $GRUNTLE Pays 7,856% APY as BTC Puell Multiple Drops and DOGE Stalls
    Blocknomi Published 12.06.2026 14:00
  • Hyperliquid pulls back from record highs as Arthur Hayes exits position shy of $150 price target
    CoinDesk Published 04.06.2026 15:52
  • CFTC chair claims Gemini case was politically motivated, seeks to reverse $5M settlement
    Cointelegraph Published 02.06.2026 17:39
  • BlockDAG’s $0.001 buyback offer, Chainlink, Toncoin, and Cronos: Ranking the top crypto to buy for massive gains
    Blocknomi Published 04.06.2026 17:00
  • IoTeX v2.4.0 Upgrade: Why DePIN Tokens Need Real Device Activity, Not Just Narrative
    Crypto Daily Published 05.06.2026 13:41
  • Kalshi’s Prediction Market Took 40 Months to Hit $1 Billion, Crypto Perps Did It in Days
    BeInCrypto Published 10.06.2026 04:52

Market Prices

Bitcoin

Bitcoin

$63,111.35

BTC 0.01%

Ethereum

Ethereum

$1,678.64

ETH 1.11%

XRP

XRP

$1.17

XRP 2.73%

Solana

Solana

$66.79

SOL 1.85%

Cardano

Cardano

$0.17

ADA 4.12%

Stellar

Stellar

$0.20

XLM -0.73%

RSS Latest Crypto News

  • AI Agent Accounts Meet DeFi: The Next Risk Layer Is Authorization, Not Yield
  • Fable 5 Shutdown: US Export Controls Force Anthropic Offline, Pre-IPO Speculators Bleed
  • Wholesale inflation is back in focus. Here’s what PPI means for your money and Bitcoin
  • Michael Saylor Celebrates Elon Musk as 25% of Mag8 Hold BTC Following Historic IPO
  • Perpetual futures could become crypto’s next ETF moment
  • Bitcoin sales are necessary for Strategy’s digital credit business, Saylor says
  • STRK’s Dynamic Gas Upgrade: Can Starknet Win Back L2 Attention Before June 22?
  • Iran-Linked Hackers Threaten World Cup After Alleged FBI Drone Breach
  • Binance Grabs 60% of SpaceX Derivatives Market With $5.6B in Daily Volume
  • Anthropic Pre-IPO Market Falls After US Directive Forces Model Shutdown
  • Crypto Market Sees Uncertainty Amid Growing ‘Extreme Fear’ Sentiment
  • Saylor to Musk: Thanks to you, 25% of ‘Mag8’ firms now hold bitcoin
  • Exploit Wallet Converts Stolen Tokens Into 18,510 ETH And 1,548 BNB
  • Coinbase unveils 24/7 gold and silver futures for U.S. traders
  • AI Agent Rekts Dev on Bogus Scan, Leaves Them Begging for Crypto Donations
  • LG Electronics Tests Onchain Advertising Network On Arbitrum
  • Crypto should adopt the best of centralization, says LMAX CEO
  • SpaceX IPO Day 1 Recap: Share Price Performance, Investor Reaction & What’s Ahead 
  • How Non-Custodial Wallets Protect Users After MiCA’s July 2026 Enforcement
  • Accenture (ACN) Stock Rebounds Amid Analyst Downgrades: Is It Time to Buy?