Bitcoin price surges above $77,000 in renewed rally Bitcoin price surged back above $77,000 on Friday, extending a sharp rebound that has lifted the market’s biggest cryptocurrency to $77,151.20, according to CoinDesk’s daybook update. The move matters now because it restores a closely…
Cardano governance review says 90% of DAOs lack yield plan Cardano governance discussions are zeroing in on treasury management after a review circulated in the ecosystem said 90% of surveyed DAOs do not have a treasury yield strategy, while staking rates were largely…
Hyperliquid hits record 7% share of perp open interest Hyperliquid has reached a record 6.9% share of aggregate perpetual futures open interest across major centralized exchanges, marking a new high for the decentralized trading venue and underscoring its growing role in crypto derivatives…
Binance Denies $850M Iran Allegation as BNB Holds Binance on May 23 rejected a Wall Street Journal report alleging that an Iran-linked network moved about $850 million through the exchange, a claim that landed while BNB was trading near $580 and the market…
CFTC suspensions deepen crypto’s Washington risk reset The CFTC’s recent suspensions and rollbacks of older crypto restrictions have sharpened debate over whether U.S. regulators are moving toward a more permissive regime for digital assets. In Washington, the shift matters now because it comes…
Hyperliquid’s BTC Binary Volume Matches Polymarket Hyperliquid’s HIP-4 outcome markets have drawn immediate traction, with one BTC binary contract reportedly generating $6.15 million in first-day trading volume and more than 54,000 trades, a launch profile that put it in the same conversation as…
Coinbase expands futures as retail revenue slows Coinbase expanded its derivatives push with the launch of stock perpetual futures, giving eligible users 24/7 access to synthetic exposure on major U.S. equities and ETFs through its international platform [1][9]. The rollout matters because it…
Polymarket Exploit Drains About $600,000 in POL Polymarket said an exploit reported on May 22 drained roughly $600,000 in POL from an internal operations wallet, while the company said user funds and market settlements were not affected [2][6]. The incident matters because it…
Galaxy CEO testifies in failed $1.2B BitGo deal Galaxy Digital founder Mike Novogratz testified this week in Delaware Chancery Court in the long-running dispute over the firm’s aborted $1.2 billion bid for BitGo, a case now centered on whether Galaxy owes a $100…
