News

Hyperliquid Launches Policy Center With $29 Million Backing to Advocate for DeFi in DC

Hyperliquid has launched a Policy Center aimed at advocating for decentralized finance (DeFi) in Washington, D.C., backed by $29 million in funding. The initiative seeks to engage with policymakers and promote a regulatory framework that supports innovation in the DeFi space. The funding comes from a consortium of investors who believe in the potential of DeFi to transform financial systems. Hyperliquid's efforts are part of a broader movement to ensure that the interests of the DeFi community are represented in legislative discussions. The Policy Center will focus on educating lawmakers about the benefits and risks associated with DeFi technologies.

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Goldman Sachs CEO Owns 'Very Little' Bitcoin, Backs Bessent on Clarity Act

Goldman Sachs CEO David Solomon revealed that he personally owns "very little" Bitcoin, emphasizing a cautious approach to cryptocurrency investments. He expressed support for the Clarity Act, which aims to provide clearer regulations for digital assets, aligning with the views of cryptocurrency advocate and former hedge fund manager,

Ethereum’s 50% staking milestone triggers backlash over 'misleading' supply data

Ethereum recently reached a significant milestone, with over 50% of its supply now staked in the network. This development has sparked controversy as critics argue that the reported staking figures are misleading, suggesting they do not accurately reflect the true supply dynamics of Ethereum. Some community members express concerns that

Coinbase’s Base moves away from Optimism’s 'OP stack' in major tech shift

Coinbase's Layer 2 network, Base, is transitioning away from the Optimism 'OP stack' technology to develop its own proprietary solution. This shift aims to enhance performance and scalability while allowing for greater customization. The decision reflects Base's ambition to establish itself as a standalone

Canary, Grayscale Sui ETFs Hit US Markets With Staking Rewards

Canary and Grayscale have launched Sui exchange-traded funds (ETFs) in the U.S. markets, offering investors exposure to the Sui blockchain ecosystem. These ETFs include staking rewards, allowing investors to earn additional returns through participation in the network's staking process. The introduction of these products aims to attract

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Goldman Sachs CEO Owns 'Very Little' Bitcoin, Backs Bessent on Clarity Act

Ethereum’s 50% staking milestone triggers backlash over 'misleading' supply data

Coinbase’s Base moves away from Optimism’s 'OP stack' in major tech shift

Canary, Grayscale Sui ETFs Hit US Markets With Staking Rewards