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Key Takeaways:
Hyperliquid has been included in Singapore’s Investor Alert List by the Monetary Authority (MAS). Hyperliquid clarified it wasn’t a ban, it wasn’t a sign of misconduct, and it wasn’t an enforcement action. The protocol says it has never claimed to be licensed by MAS and continues to operate as permissionless onchain infrastructure.Use...
Key Takeaways:
StablecoinX has merged with TLGY and is scheduled to start trading on the Nasdaq under the code USDE. The company owns approximately 3.03 billion ($275 million worth) ENA tokens, placing it among the top public holders of ENA tokens. StablecoinX will become the backbone of the Ethena stablecoin network and traditional capital markets....
Key Takeaways:
BitGo will cut down almost 15% of its employees to restructure the company. The company will focus on security, trading, stablecoins, settlement, and AI infrastructure, CEO Mike Belshe said. The company said the job cuts weren’t likely to be repeated because of their one-off nature.User Score
8.7
Key Takeaways:
Ripple has kicked off a public campaign in Washington to advance the CLARITY Act. The company states that clear regulations for cryptocurrencies are crucial for innovation and consumer protection. The bill faces political delays as Congress enters a temporary recess.User Score
8.7
Key Takeaways:
In only 525 days, USDT0 has already matched the record that rivals the competition with more than $100 billion in total transfers across networks, globally. The network has garnered around 6.5 million active addresses, which is engaged in several transactions on exchanges, institutions, protocols, and upcoming AI-powered applications. USDT0’s growth...