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Hyperliquid’s decision to launch its stablecoin has sparked one of the most competitive governance battles in recent memory.
Last week, the decentralized exchange, which had been relying on Circle’s USDC for its liquidity, announced plans to introduce USDH as its native stablecoin. The move immediately attracted a wave of bidders, each vying for the right to issue the token and capture billions...
Coinbase has launched x402 Bazaar for AI agent-powered x402 micropayments.
The catalog exposes a machine-readable index of services that accept pay-per-request USDC payments and is positioned as a discovery layer for agents and developers integrating the x402 protocol.
Coinbase says Bazaar is in early development, and today, it indexes endpoints that settle through its hosted facilitator.
x402...
Two major Ethereum layer-2 networks, Linea and Polygon, experienced operational setbacks on Sept. 10, adding to concerns about the reliability of scaling solutions.
The incidents come around a week after Starknet, another Ethereum layer-2 network, suffered a four-hour outage, underlining the challenges of keeping rollup systems consistently online.
Linea outage coincides with airdrop plan
Linea,...
The crypto market lost $60 billion in market capitalization during the two hours following revised employment data, revealing a significantly weaker US labor market than previously reported.
The Bureau of Labor Statistics (BLS) announced at 10 AM ET on Sept. 9 that preliminary benchmark revisions showed total nonfarm employment was overstated by 911,000 jobs, representing a 0.6% downward revision...
Democrat lawmakers have introduced a comprehensive legislative blueprint aimed at reshaping U.S. digital asset regulation, proposing to close longstanding gaps in crypto oversight and restore investor confidence in the nearly $4 trillion market, according to a newly released framework.
The proposed plan would grant the Commodity Futures Trading Commission (CFTC) full jurisdiction over spot...
Metaplanet upsized its international share offering from 180 million to 385 million shares, raising approximately $1.4 billion to fund additional Bitcoin (BTC) purchases.
The company announced on Sept. 9 that it had increased the offering by 205 million shares in response to strong investor demand, pricing the shares at 553 yen ($3.75) each with a 9.93% discount from the reference price of 614...
CBOE Global Markets announced plans to launch Bitcoin and Ethereum continuous futures contracts on Nov. 10, pending regulatory review.
According to a Sept. 9 announcement, the new product suite debuts on CBOE Futures Exchange with contracts structured as single, long-dated instruments featuring 10-year expirations.
This design eliminates periodic rolling requirements that characterize traditional...
Solana (SOL) registered a new all-time high of $12.11 billion in total value locked (TVL) on Sept. 9, surpassing its previous record of nearly $12 billion set on Jan. 23.
According to DefiLlama data, the milestone represents a 15% increase over the past 30 days, driven by broad-based growth across the ecosystem’s largest DeFi protocols.
Seven of the eight protocols with over $1 billion in TVL...
Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has lined up Nasdaq as a strategic investor as it prepares to go public in New York this week, Reuters reported on Sept. 9, citing people briefed on the matter.
According to the report, the share sale could raise up to $317 million, with Nasdaq expected to buy about $50 million of stock in a private placement at the time...
Eric Trump was removed from ALT5 Sigma Corporation’s board of directors due to Nasdaq listing rule requirements, according to a filing disclosed on Sept. 9.
The August filing stated that “to comply with Nasdaq’s listing rules,” the company restructured its board composition, but did not specify which particular rule triggered Eric Trump’s removal.
Trump now serves as a board observer. Zachary...