Latest updates, press releases, and insights from the volatile world of digital assets.
A synthetic SpaceX perpetual futures contract on Hyperliquid experienced a sharp 45% drop within minutes, wiping out more than $1.5 million in leveraged positions. The incident highlights the risks associated with thinly traded pre-IPO markets that rely on oracle pricing rather than established spot benchmarks
US regulators show growing acceptance of digital assets as SEC Commissioner Hester Peirce strongly supports privacy technologies and Paxos becomes the first blockchain company to win clearing agency registration, marking major steps toward regulated crypto infrastructure
Kraken has introduced Bitcoin Vault, a new product that lets users earn up to 2.5% annual yield on their Bitcoin holdings while keeping full exposure to BTC price movements
Bitcoin has dropped to its lowest level in over six weeks, trading near $73,000 amid renewed military actions between the US and Iran. Heavy outflows from spot Bitcoin ETFs exceeding $2.5 billion in two weeks, combined with nearly $1 billion in crypto liquidations, have intensified selling pressure across the market
The U.S. Commodity Futures Trading Commission has taken the rare step of asking a federal court to vacate major parts of its 2025 settlement with Gemini, stating that the original 2022 enforcement action against the crypto exchange should never have been filed
The Depository Trust & Clearing Corporation's move to integrate tokenized securities with the Stellar network by 2027 has sent XLM prices higher while sparking discussions across the crypto industry
Samsung Securities, Samsung SDS, and Samsung Card have agreed to purchase a combined 4% stake in Dunamu, the operator of South Korea’s largest cryptocurrency exchange Upbit
Mastercard has obtained a BitLicense from New York regulators, marking a significant step in its efforts to integrate stablecoins and tokenized assets into mainstream payment systems
SoFi Technologies has rolled out SoFiUSD, making it the first U.S. national bank to offer its own dollar-pegged stablecoin directly inside a consumer banking app. The move gives its 14.7 million members seamless access to buy, sell, hold, and convert the token alongside traditional banking services
The United Kingdom has sanctioned Huobi Global S.A., the company operating the HTX crypto exchange, citing its role in facilitating funds for Russia's A7 shadow financial network
