Hyperliquid is more and more evolving from a high-performance buying and selling platform right into a foundational layer of crypto’s monetary infrastructure. What started as a decentralized perpetual futures exchange has expanded right into a broader ecosystem that draws merchants, liquidity suppliers, builders, and capital at a rising scale. As exercise throughout the platform will…
Crypto trade Coinbase (COIN) made a significant transfer for the Hyperliquid (HYPE) ecosystem on Thursday, outlining the way it plans to deepen help for Circle’s USDC stablecoin on the platform. In a blog post, Coinbase mentioned it’s increasing its position by changing into the official treasury deployer of USDC on Hyperliquid, treating USDC as an…
Facebook paid its creators practically $3 billion in 2025 — a 35% soar from the yr earlier than. Now a few of these Meta creators will receives a commission in crypto. Meta: A Second Try At Digital Payments Meta has begun rolling out USDC stablecoin payouts to pick out creators within the Philippines and Colombia,…
Crypto large Tether disclosed that it has supported the US authorities in freezing $344 million in USDT held in two Tron wallets, following a request from the Office of Foreign Assets Control (OFAC) and US regulation enforcement. Tether’s Latest Crackdown According to Tether’s Thursday disclosure, the freeze got here after authorities allegedly recognized the wallets…
Solana-based decentralized alternate (DEX) Drift Protocol has shared the extremely anticipated consumer restoration plan alongside Tether and different collaborators. This transfer follows the main exploit that drained $285 million from the venture’s vaults two weeks in the past. Drift Protocol Secures $150M Recovery Fund On Thursday, Drift Protocol, the biggest decentralized perpetual futures alternate on…
Circle (CRCL), the issuer behind the USDC stablecoin, is going through a recent lawsuit in Massachusetts tied to the $280 million Drift Protocol hack that occurred on April 1. The criticism, filed by plaintiffs represented by the regulation agency Gibbs Mura, alleges that Circle didn’t take motion to freeze stolen funds although it had each…
Circle (CRCL) has responded publicly to mounting criticism tied to the exploit of Solana’s Drift Protocol, an assault that experiences say siphoned roughly $270–$285 million from the decentralized venue. Amid backlash circulating on social media, critics allege that the USDC issuer did not cease the stolen funds, though the stablecoin has mechanisms—akin to freezing and…
On-chain investigator ZachXBT has revealed a brand new report, titled “The Circle USDC Files,” alleging greater than $420 million in compliance failures tied to the corporate’s USDC stablecoin since 2022. The evaluation, launched on social media platform X on Friday, chronicles a number of high‑profile decentralized finance (DeFi) exploits wherein Circle allegedly failed to make…
Circle shares slumped on Tuesday (almost 20%) after U.S. lawmakers superior the Clarity Act. This decline has been linked to the Clarity Act draft language that implies it could curb curiosity paid on crypto stablecoin holdings. A Key Crypto-Basics Misunderstanding The motive of the sudden drop? The market is misunderstanding the laws, analyst Gautam Chhugani…
Circle Internet Financial, the issuer behind the USDC stablecoin — the second-largest dollar-pegged cryptocurrency — noticed its inventory, CRCL, tumble 22% on Tuesday to $98 as lawmakers reportedly moved to tighten guidelines round stablecoin yields. The selloff adopted stories {that a} revised draft of the Senate Banking Committee’s CLARITY Act would broadly prohibit platforms from…