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Hyperliquid is transforming Circle’s reserve yield into a direct source of HYPE buyback demand. This transformation will change the way the protocol’s revenue returns to its token holders. In essence, this agreement directs all of the…
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Russia’s Ministry of Finance said on Friday that some of its employees had received their wages in digital rubles for the first time.Being paid in the central bank’s digital currency is available for citizens of Russia on a voluntary basis,…
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Nearly three-quarters of major UK financial institutions expect tokenization to reshape financial services, as banks and asset managers increasingly explore blockchain-based infrastructure for payments, settlement and liquidity…
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TLDR Ethereum traded near $2,713 on Oct. 1, up 1.87%, and held above the $2,700 level. A wallet linked to co-founder Joseph Lubin moved 133,298 ETH (about $356.2 million) to a new address, not to an exchange. ETH faces…
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Banks have escalated turf wars with the crypto industry, with OCC trust bank charter approvals becoming the latest battlefield.  In a new lawsuit against the OCC, the Independent Community Bankers of America (ICBA) alleged that OCC…
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President Donald Trump is expected to appoint Jay Clayton, US director of national intelligence, as the new AI czar, CNN and other media reported Friday, citing unidentified sources.Cointelegraph reported Sept. 20 that Trump planned to…
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After Bitget got hacked on Sept. 24, $387.5 million of stolen funds quickly began moving across chains, with some headed to decentralized cross chain swaps platform THORChain.Chief executive Gracy Chen publicly appealed to the platform to…
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Key TakeawaysEthereum Layer 2 Network Blast is being shut down.Revenue and other key metrics on the network have collapsed since peaking in 2024.The BLAST token cratered further on Friday, now down 99% from its peak price. Blast Heads for…
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ThorChain under fire because it won’t blacklist stolen Bitget fundsStop me if you’ve heard this before: A centralized exchange with lax security gets hacked by the North Koreans for $387.5 million, and then somehow shifts the blame game…
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Key TakeawaysCapital shifted to privacy coins in September, with ZEC gaining 64% and NEAR surging 166%.Product debuts like Bitwise’s Sept. 29 NEAR ETF launch boost near-term market sentiment.Network issues caused ZANO to slide 20% in…
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