Hyperliquid Strategies expands equity facility to $2.5 billion from $1 billion
As of June 30, Hyperliquid Strategies has sold around $647 million worth of shares, according to its recent filings.
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Buying memecoins with credit cards on Robinhood Wallet and Fomo appears to sidestep card-network crypto rules
Test memecoin purchases were coded as "digital media" rather than crypto, earning credit card points despite card network restrictions.
Crypto treasury companies hit $340 billion market cap as altcoin DATs outperform
Cumulative market capitalization for these companies is up 10% since mid-August and hovers around $340 billion.
SEC seeks to update its 1970s-era transfer agent rules for the blockchain age
The SEC is seeking to update its rules for transfer agents to keep pace with new technology, including blockchain and tokenization.
Cango shares plunge 20% after bitcoin miner reports $81.6 million Q2 loss
Cango scaled back its mining fleet in the second quarter as revenue fell and the company focused on efficiency.
Bitcoin and gold move in lockstep as debasement trade gains more steam
Bitcoin's 90-day Pearson correlation coefficient with gold hits all-time high while the Fear and Greed Index sits at 68.
Silhouette debuts RFQ trading for xStocks on Hyperliquid
Silhouette launched RFQ trading for xStocks on Hyperliquid, allowing market makers to compete for tokenized equity trades settled onchain.
Ethena launches Ethena Pay app on Avalanche, offering up to 6% yield and 10% cashback
Ethena Labs has launched the beta of Ethena Pay, a new self-custodial money app built on Avalanche, across 48 countries.
Bitcoin defies oil price spike and rising Fed hike bets after best August since 2017
Bitcoin has held up despite higher oil prices and growing expectations for a September Fed rate hike, with Friday's jobs report next in focus.
Binance adds options on 1,000 US stocks and ETFs as monthly TradFi perpetual volume hits $433 billion
TradFi perpetual futures volume reached approximately $433.4 billion on Binance in August, up roughly 15 times since January.
Kraken parent Payward to tokenize 100 London-listed stocks, with LSE 24 trading planned
Payward will tokenize 100 London-listed stocks as xStocks, with LSE 24 to support trading, subject to regulatory approval.
Strategy hits back at MSCI proposal, calling it ‘discriminatory’ against DATs
MSCI opened a new consultation targeting companies that have operating assets lower than 50% of its total assets.