Category: crypto

Vitalik Buterin proposed an options-based DeFi design to reduce reliance on sudden liquidation systems in crypto index products. The model could use slower oracles to reduce manipulated price feeds and create a more stable investment environment. Buterin also mentioned the relevance of algorithmic stablecoins but acknowledged practical limitations.

Grayscale updated its Hyperliquid ETF filing with a 0.29% fee and HYPG ticker, expecting to launch this week. The SEC filing shows Grayscale’s lower fee compared to competitors. Hyperliquid ETFs are in high demand, with 21Shares’ THYP already attracting over $5 million. These ETFs offer 24/7 access to crypto markets.

Coinbase is advocating for the CLARITY Act in the U.S. Senate to establish clear rules for the crypto market. The bill needs 60 votes to advance, with support from both Republicans and some Democrats. The legislation aims to allow banks to enter the crypto sector and provide legal protections for developers.

CME Group saw $50 million in trading volume over the first weekend of its new 24/7 cryptocurrency futures and options service. More than 7,200 contracts were traded, allowing traders to manage positions in regulated crypto derivatives on weekends and holidays. This move responds to demand for continuous liquidity in regulated crypto products.

Telegram founder Pavel Durov announced that TON will be renamed Gram, restoring the token’s original name as stated in the network’s first white paper. This rebrand triggered an 18.75% increase in TON’s value to $2.19, with no token swap required. The move separates the currency from the network and aligns with Telegram’s blockchain plans.

Radiant Capital is shutting down operations after being unable to recover from a $50 million exploit, leading to a lack of funding. The protocol will enter a maintenance state, allowing users to withdraw funds. Recovery efforts were complicated by the involvement of North Korea-aligned threat actors and the use of Tornado Cash to move stolen…

Grayscale’s Hyperliquid ETF is expected to begin trading this week with a 0.29% management fee and the ticker symbol HYPG. This would make it the third U.S.-listed Hyperliquid ETF, with Grayscale seeking to stake HYPE tokens for protocol rewards. Interest in Hyperliquid products is growing, with inflows approaching $140 million.

BullX has paused trading in its current app version starting June 1, 2026. This change allows the team to focus on future development and improvements for the platform. While trading is on hold, wallet functions, withdrawals, and allocations will continue to operate normally for users. This pause comes amid increased scrutiny of meme trading tools…

Federal Reserve Governor Christopher Waller believes that the increasing use of dollar-backed stablecoins could spread U.S. monetary policy influence globally. However, Bank of England policymaker Megan Greene questions whether stablecoins will remain dominant, suggesting that tokenized bank deposits may become the preferred form of digital money in the future.

Kyle Samani stated that Web3 is no longer relevant, highlighting DeFi and DePIN as the main remaining sectors in the crypto industry. Eli Ben-Sasson mentioned an identity crisis in crypto due to institutional involvement and the departure of long-time crypto figures. Recent reports show continued global interest in DeFi, DePIN, and tokenization.