Hyperliquid’s SpaceX pre-IPO perp crashed 45% in 30 minutes, liquidating $1.5M across 405 users after a faulty oracle fed wrong price data. The SPACEX-USDH perpetual contract on Hyperliquid opened the Thursday session quietly. Open interest sat below $2.9 million. Nothing flagged. Then it fell off a cliff. The contract shed...
Aave Labs Secures Dual UK Licenses for Crypto Payments Push
Aave’s UK subsidiaries Push Labs Limited and Push Virtual Assets Limited secured FCA crypto registration. The approval creates a dual regulatory structure combining crypto exchange and EMI authorization in the UK. Push will launch zero-fee pound-to-stablecoin on-ramps and off-ramps for UK users. Aave Labs has won two licenses in the...
NYSE Owner Praises Hyperliquid, Says It’s ‘Bigger than Nasdaq’
NYSE owner Jeff Sprecher calls Hyperliquid bigger than Nasdaq, praising its team and growing impact on energy and private markets. Jeff Sprecher has some strong words about Hyperliquid. The founder and CEO of Intercontinental Exchange, which owns the New York Stock Exchange, spoke at the Bernstein conference recently. He called...
CryptoQuant CEO Warns Bitcoin Bear Market Could Last Until 2027: BTC Price Analysis
CryptoQuant’s CEO flags an 18-month Bitcoin bear cycle running to early 2027. Here’s what key price levels and analysts say right now. Bitcoin is flashing bearish signals across multiple timeframes. CryptoQuant CEO Ki Young Ju shared a striking forecast this week. He warned that the current Bitcoin bear market could...
Yuga Labs Moves to Restructure ApeCoin as Crypto Rules Tighten
Yuga Labs CEO announced organizational restructuring for ApeCoin. The head of ApeCo will resign, and the role is being eliminated. The restructuring will be completed by June 5, 2026, with team member departures. Yuga Labs, a key Web3 leader, announced today a comprehensive restructuring of the ApeCoin ecosystem. This sudden...
Solana Holds $80 as Multi-Year Resistance Test Builds: SOL Price Analysis
Solana trades at $82 amid critical support at $80. Analysts watch for a breakout or drop to mid-$20s as accumulation signals emerge. Solana is trading at $82.32, sitting just above a critical support zone. The past week saw SOL range between $80.62 and $87.55. Daily volume hit over $2.1 billion...
Scott Bessent Doubles Down on Trump’s Anti-CBDC Stance
Bessent stated clearly that there will be no central bank digital currency under Trump. He called a CBDC the first step toward tracking Americans’ spending and behavior. Bessent expects the world to choose private dollar stablecoins over government CBDCs. U.S. Treasury Secretary Scott Bessent heavily criticized the development of a...
Strategy Sends 411 Bitcoin to Coinbase as Sell Odds Surge to 84%
Strategy moved 411.48 BTC worth $30.3M into Coinbase Prime. Selling odds surged to 84% on Polymarket after the transfer. The transfer increased caution and elevated short-term volatility. Strategy Bitcoin has sparked new debate after transferring 411.48 BTC to Coinbase Prime. The move is worth about $30.3 million. Markets reacted rapidly...
Coinbase Expands TRUST Network With BNY and Global Compliance Push
Coinbase announces four TRUST milestones: TRUSThub launch, BNY membership, 21 Analytics partnership, and global Travel Rule expansion. Coinbase is making major moves in crypto compliance. The company announced four major milestones for its TRUST network on May 28, 2026. These milestones include launching TRUSThub, welcoming BNY as a member, and...
A First for Crypto: Paxos Approved as U.S. Clearing & Settlement Agency
Paxos Securities Settlement Company wins SEC registration as a clearing agency, becoming the first blockchain-native firm to do so in the U.S. Paxos has officially entered a new chapter in U.S. financial history. The blockchain infrastructure company announced on May 28, 2026, that its subsidiary received SEC registration. Paxos Securities...