Hyperliquid Meets SEC Crypto Task Force Over U.S. Regulations
Key Highlights SEC Crypto Task Force met with Hyperliquid representatives to discuss crypto asset regulation in the U.S. Hyperliquid representatives outlined the protocol, its technology, and its ecosystem during the…
CFTC Invokes Emergency Powers to Halt Kalshi Trade Cancellations
Show AI Summary CFTC Chairman Michael S. Selig leads the charge against Kalshi’s cancellation of trades, citing federal law and market certainty concerns Kalshi, a prediction market operator, faces regulatory…
Circle, Coinbase Join 40+ Firms Backing Linux Foundation’s x402
Key Highlights The Linux Foundation has officially launched the x402 Foundation under an open governance model. Coinbase has contributed the x402 protocol as the foundation’s core payment standard. Circle, Stripe,…
JTX Goes Live With Solana Spot Trading for Early Adopters
Key Highlights JTX launched on Solana, giving the first 1,000 waitlist users access to its self-custody spot trading platform. More users will gain access this week, with invitations rolling out…
White House Loses Top Crypto Negotiator Before CLARITY Act Vote
The Senate has roughly three working weeks to pass the Clarity Act before the August recess slams the window shut. For most of that stretch, the White House will be…
Crypto Market Braces for US CPI and PPI Data as Fed Outlook Looms
Key Highlights Crypto investors are watching this week’s U.S. CPI and PPI inflation reports, which could influence the Federal Reserve’s next interest rate decision. Fed Governor Christopher Waller warned that…
Senator Hagerty Says CLARITY Act Has Momentum to Pass Soon
Key Highlights Senator Bill Hagerty said the CLARITY Act has enough momentum to pass and urged lawmakers to act quickly. He pointed to the GENIUS Act as proof that targeted…
Aave Picks Chainlink CCIP to Power Upcoming Multi-Chain App
Key Highlights Aave Labs will use Chainlink CCIP as the cross-chain infrastructure for the upcoming Aave App. The integration will support Stable Vaults, including cross-chain deposits, withdrawals, transfers, and automated…
JIP-38 Approved: Jito to Use JTX Revenue for JTO Buybacks
Key Highlights JIP-38 formally establishes $JTO as Jito’s primary value-capture token. 100% of the DAO’s revenue share from JTX will fund programmatic $JTO buybacks and burns for at least one…
LAB Price Crashes 54% Again as ZachXBT Links $18.3M Token Dump to Team
The LAB token’s freefall has entered a new and uglier phase. Onchain investigator ZachXBT said in a fresh update that an entity initially funded by the LAB team deposited 18.4…