Hyperion DeFi to deploy 500K HYPE for Hyperliquid HIP-3 markets
The deal gives Hyperion an equity stake in Skew and a share of listing-service revenue as it expands the utility of its HYPE treasury assets.
Crypto
Live updates: ZachXBT calls hardware wallets complete garbage; BTC steady after Korea rate hike
Futures tied to Wall Street’s tech-heavy index, the Nasdaq, fell by 0.6% Thursday alongside a near 1% decline in bitcoin’s price.
U.S. Senate unanimously opposes clemency for FTX founder Sam Bankman-Fried
The Senate agreed Wednesday that Sam Bankman-Fried should never receive clemency, passing a resolution that states the FTX founder should "under no circumstances" get a pardon or commutation.
A bitcoin wallet dormant since the 2017 peak just moved $383 million
A bitcoin address that had not spent a coin in eight years moved 5,908 BTC worth about $383 million on Thursday, data shows.
Ether outruns bitcoin as ETF money returns, almost all of from BlackRock's fund
Ether is the only large-cap crypto asset doing much of anything this week, and the softer U.S. inflation print that lifted the market on Tuesday does not explain it.
Trump to meet with senators over CLARITY Act on Thursday: Politico
US President Donald Trump is set to meet with several senators on Thursday as negotiators race to get the CLARITY Act across the line before the Senate’s August recess.
Base’s social bet left it trailing in prediction markets and perps: Pollak
Base creator Jesse Pollak is stepping back from leadership of the Base App after admitting he was “definitively wrong” to bet on social experiences driving crypto adoption.
Why Analysts Aren’t Worried About Coinbase’s 30% Drop
Coinbase (COIN) and Circle (CRCL) each rose roughly 3–4% on Wednesday after William Blair—a Chicago-based investment bank founded in 1935 that most equity investors know from tech and growth coverage—released a note sla…
OpenAI Uses AI Red Team to Strengthen GPT-5.6 Against Prompt Injection Attacks
OpenAI has introduced GPT-Red, an automated AI system designed to find security vulnerabilities in its language models.
Coinbase's Jesse Pollak steps back from Base app leadership after admitting his crypto social strategy failed
Coinbase’s Jesse Pollak said he is stepping back from leading the Base app after acknowledging that his bet on an onchain social economy failed to drive crypto adoption as he had expected.
Stanford study says 5-minute Bitcoin prediction markets enable settlement manipulation
Researchers found that Polymarket’s five-minute Bitcoin prediction markets create incentives to manipulate spot prices around contract settlement, proposing longer settlement windows as a potential fix.
Meet Bonsai: The First 27B AI Model That Fits on Your Phone
I models eat up a lot of memory. A 27-billion-parameter AI model, considered medium-sized by industry standards, needs roughly 54 GB of memory to run on half precision. Most laptops can't hold that. Some desktop rigs ca…
What Is BIP-110 and Why Is It Dividing the Bitcoin Community?
A proposal to change Bitcoin's consensus rules has divided developers, miners, companies, and users over how the network should evolve and who gets to decide.
Revolut receives in-principle approval from UAE authorities for crypto services
Dubai’s Virtual Assets Regulatory Authority approved the London-headquartered fintech company for broker-dealer, management and investment, and exchange services in the UAE.
Base Creator Jesse Pollak Steps Back From App Leadership After Admitting Social Bet 'Was Wrong'
Jesse Pollak is stepping back from leading the Base App, handing responsibility for the product back to Coinbase while shifting his full attention to growing Base as a blockchain for global finance.
BlackRock, Goldman, and JP Morgan Will Give Tokenized Stocks a Try
The Depository Trust & Clearing Corporation, the clearinghouse that processes U.S. securities transactions, on Wednesday launched a pilot to test tokenized stocks and U.S. Treasuries with nearly 40 financial institution…
US Senator blasts AG pick for ‘dismantling’ crypto unit, Trump’s CZ pardon
President Donald Trump’s pick for US Attorney General faced criticism from members of the Senate Judiciary Committee on his approach to crypto enforcement and the pardon of former Binance CEO Changpeng Zhao.
Ostium pauses trading as security firms report multimillion-dollar oracle exploit
Ostium halted trading and advised revoking contract approvals after blockchain security firms reported an apparent oracle-related exploit of its OLP liquidity vault, with estimated losses ranging from $18 million to $22…
DTCC moves tokenized securities into live trading, marking a milestone for Wall Street's blockchain push
The Depository Trust & Clearing Corporation (DTCC), the backbone of the U.S. securities settlement system, on Wednesday processed its first series of live production trades involving tokenized securities, marking one of…
Another DeFi Exploit: Perp DEX Ostium Loses $18 Million in Oracle Attack
Ostium lost roughly $18 million on Wednesday after attackers compromised an oracle signer key and manipulated the decentralized perpetuals exchange's price feed to generate fake trading profits, according to blockchain …
US Treasury Freezes $131 Million in Iran-Linked Crypto Wallets
The U.S. Treasury's Office of Foreign Assets Control sanctioned multiple cryptocurrency wallets tied to Iran's Central Bank and the Islamic Revolutionary Guard Corps on Tuesday, with stablecoin issuer Tether freezing ov…
Cantor and Securitize collaborate on blockchain-based IPOs
Investment giant Cantor Fitzgerald and cryptocurrency-focused broker-dealer Securitize (SECZ), are revamping initial public offerings (IPOs) with tokenization and blockchain technology, the companies said on Wednesday.
Aave launches V4 on Avalanche, laying groundwork for tokenized credit markets
The deployment marks Aave V4’s first expansion beyond Ethereum and introduces lending infrastructure designed to support future markets for tokenized real-world assets.
Bitcoin Breaks Heavy Resistance—But Death Cross Looms: Analysis
Wall Street had a solid Tuesday, but Bitcoin and the rest of the crypto market finds itself on less steady ground.