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Defining a New Era for Onchain Privacy and Transparency

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Defining a New Era for Onchain Privacy and Transparency

[PRESS RELEASE – George Town, British Virgin Islands, March 17th, 2026]

Aster, a privacy-focused trading ecosystem backed by YZi Labs, today announced the official launch of Aster Chain Mainnet. This purpose-built Layer 1 blockchain is designed to dismantle the “transparency trap” of modern DeFi, offering institutional-grade privacy and CEX-level performance to professional and retail traders worldwide.

Ending the Era of Onchain Position Hunting

Transparency is a defining characteristic of decentralized finance, supported by public ledgers, verifiable transactions, and open protocols. However, transparency between protocols and users differs from transparency among market participants. When trading activity, including order placement, position size, and liquidation levels, is fully visible on-chain, such information may be observed and used by other participants in the market.

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Position hunting – where traders identify a large position, see its liquidation price, and coordinate to trigger a forced liquidation – has cost traders millions of dollars on fully transparent platforms. Infamously, in March 2025, a trader opened a $375 million BTC 40x short on a fully transparent platform. Traders quickly began openly coordinating on Twitter to pool funds and hunt the position.

Aster’s default privacy removes that attack surface entirely.

The Aster Thesis: Privacy is a Fundamental Right

Unlike existing solutions that treat privacy as an opt-in feature or a third-party wrapper, Aster Chain embeds encryption directly into the execution layer. On Aster, privacy is the default, not a privilege.

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The Aster privacy stack utilizes a ZK-verifiable encrypted architecture:

  • ZK-Verifiable Encryption + Stealth Address Mechanism: Every order is ZK-verifiable encrypted before it reaches the chain; with Account Privacy enabled, orders are routed through unique stealth addresses, ensuring no link between users’ wallets and their trading activity, and preventing any third party from tracing, correlating, or reconstructing trades.
  • Selective Disclosure: While asset transfers remain traceable for compliance, the execution layer shields strategic intent. Users who want their activity visible can choose to make it public. With Account Privacy enabled, users can generate a Viewer Pass to share with selected parties, allowing only those with access to the pass to view their private orders.
  • Zero Performance Trade-off: Aster Chain achieves peak throughput of 100,000+ TPS and a median block time of 50ms, all without gas – performance that matches the speed traders expect from a centralized exchange.

“Transparency between a protocol and its users is a fundamental feature, but transparency between a trader and their competitors is a critical vulnerability,” said Leonard, CEO at Aster. “Aster Chain is the only architecture that treats privacy as a fundamental requirement for a fair market, neutralizing predatory attacks at the base layer.”

CEX Speed Meets DEX Principles

Aster Chain delivers the sub-second finality and high-leverage experience of a CEX while upholding the core tenets of decentralization: self-custody, verifiability, and permissionless access. Trading privacy removes the last reason to stay on a centralized exchange. The network is supported by a native bridge to BNB Chain and proprietary oracles to ensure high-fidelity price data.

Fuelling the Next Wave of Innovation

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The mainnet launch marks the start of a phased expansion. Beyond the flagship Aster trading UI, the ecosystem is inviting builders to create specialized vaults and collaborative DeFi products through Aster Code.

To coincide with the launch, Aster will initiate a Staking Program within a week to reward early supporters and liquidity providers.

About Aster

Aster is a privacy-first onchain trading platform backed by YZi Labs, with unique features like Hidden Orders to protect user trading activity. It offers perpetual contracts across crypto, stocks and commodities, as well as crypto spot trading, and is powered by Aster Chain, a Layer 1 blockchain built to power the future of decentralized finance.

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Users can learn more about Aster on the official website or follow Aster on X.

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Crypto World

Bitrefill Claims Lazarus Group Hacked Them, Stealing Funds

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Bitrefill Claims Lazarus Group Hacked Them, Stealing Funds

Crypto e-commerce store Bitrefill has revealed it was the victim of a cybersecurity attack on March 1, with the methods used closely resembling those of Lazarus Group, North Korea’s notorious hacking organization.

In a post to X on Tuesday, Bitrefill said the hackers used malware, on-chain tracing, and reused IP and email infrastructure to compromise an employee’s laptop, enabling them to drain funds from the company’s hot wallets while also accessing 18,500 purchase records, potentially revealing “limited customer information.”

Bitrefill said BlueNoroff Group, another North Korean hacking organization with close ties to the Lazarus Group, may have also been involved or been the sole attacker.


Source: Bitrefill

Bitrefill, which enables customers to spend crypto on real-world products and gift cards, said there was no evidence that the hackers extracted its database, suggesting the motive was financial.

“There is no evidence that they extracted our entire database, only that the attackers ran a limited number of queries consistent with probing to understand what there was to steal, including cryptocurrency and Bitrefill gift card inventory.”

While Bitrefill didn’t disclose how much funds were stolen, the company said it “will absorb” those losses from its operational capital.

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“Almost everything is back to normal: payments, stock, accounts,” Bitrefill said, adding: “Sales volumes are also back to normal, and we are eternally thankful to our customers for your continued confidence in us.”