Hyperliquid’s HYPE token surged more than 20% over 24 hours Thursday and briefly reached over $74 after President Donald Trump said the Commodity Futures Trading Commission is working on a legal route for Hyperliquid to operate in the United States. HYPE was trading around $71-$72 at publication, after coming within roughly 3% of its $76.87 […]
Bitcoin pushed toward $72,000 on Thursday, extending a rally that has lifted the asset roughly 15% since Monday and triggered another strong premarket move in U.S. crypto stocks. Strategy gained about 10% before the open after rising 12.7% Wednesday, while Coinbase added more than 7% following a 9.6% advance in the previous session. The move […]
The crypto market added roughly $120 billion in value Wednesday as Bitcoin surged toward $70,000 and a wave of liquidations accelerated gains across major tokens. Total crypto capitalization climbed about 5.3% over 24 hours to roughly $2.41 trillion, according to CoinGecko data. Bitcoin rose more than 6% during the U.S. session, briefly reaching about $69,700, […]
The Financial Accounting Standards Board has proposed allowing certain stablecoins to be classified as cash equivalents under US accounting rules, potentially changing how companies present qualifying token holdings on their balance sheets and statements of cash flows. The August 18 proposal does not create a separate accounting category for stablecoins or rewrite the existing definition […]
The U.S. Securities and Exchange Commission has proposed a new crypto fundraising regime that would let qualifying issuers raise as much as $75 million in 12 months without registering the offering under the Securities Act, while introducing a conditional safe harbor for tokens previously tied to investment contracts. The SEC’s proposed rule, called Regulation Crypto […]
Payward, the parent company of Kraken, is giving one of Anthropic’s most capable cybersecurity models access to its security operation. Claude Mythos 5 will scan Payward environments for vulnerabilities, with findings entering the company’s existing triage and remediation pipeline and third-party open-source flaws routed back to their maintainers. The deployment sounds like another step toward […]
Kraken parent Payward has joined Anthropic’s Project Glasswing and plans to deploy the restricted Claude Mythos 5 model across its environments to search for software vulnerabilities before they can be exploited. Findings will feed into Payward’s existing triage and remediation process rather than bypassing its security teams. Payward said the model will work alongside its […]
Jeonbuk Bank has become the first regional bank in South Korea to deploy Ripple Payments, extending Ripple’s cross-border infrastructure to corporate customers including exporters, technology companies and online content businesses. Under the partnership, announced August 18, Jeonbuk Bank will use the platform for international remittances that Ripple says can settle in seconds to minutes and […]
Ethereum is warning wallet providers, indexers and gas-estimation tools to update assumptions that could break under Glamsterdam, as the network opens its Platåberget testnet to public participation ahead of an August 20 fork. Platåberget, also known as Glamsterdam Devnet 8, is designed to remain available for several months rather than disappear after a short testing […]
Chainalysis Government Solutions has sued the U.S. government over ICE’s decision to award rival TRM Labs a roughly $94.7 million sole-source blockchain surveillance contract. The case was filed July 27 in the U.S. Court of Federal Claims, less than a month after the contract began on July 1. ICE had already signaled its intention to […]
