Crypto

The liquidity protocol halted operations after blockchain researchers identified a suspected $10 million breach across multiple networks.

HYPE’s surge is being fueled by Bitwise’s new spot Hyperliquid ETF and Coinbase’s expanded role as Hyperliquid’s official USDC treasury deployer.

Coinbase and Circle's commitment to Hyperliquid's AQAv2 upgrade sent HYPE up to roughly $45 on May 14, a deal that makes USDC the platform's aligned quote asset and directs the vast majority of reserve-yield revenue back to the protocol. The rally reflected traders reading the announcement as institutional validation of the protocol-aligned stablecoin model pioneered […] The post HYPE jumps as Coinbase and Circle back Hyperliquid’s stablecoin model appeared first on CryptoSlate.

The South Korean bank announced plans for a won-pegged stablecoin, blockchain remittances and tokenized securities.

The cross-chain liquidity protocol paused all trading and signing on Friday after an attacker drained roughly $10.8 million across Bitcoin, Ethereum, BSC, and Base.

This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum has been hovering just below the $2,400 resistance for over four weeks. With bulls unable to break this level, the price has entered a correction. At the time of this post, ETH is found at around $2,270 and […]

Vitalik Buterin Uses Privacy Pools, Transfers $113K in ETH The post Ethereum News: Vitalik Buterin ‘Puts Skin in the Game’ with $113K Privacy Pools Transfer appeared first on Cryptonews.

Bitcoin miner turned AI infrastructure operator secures one of the sector’s largest financings as investor demand drives multiple upsizes.

RUNE just plumeted by around 15% in minutes.

Here's what the massive 60 million Pi user base needs to know.

Heavy trading volume ahead of the ex-dividend date pushed STRC to its busiest session on record.

Crypto Markets Surge 10% as Digital Asset Clarity Act Clears House The post The CLARITY Act Just Cleared the Senate Banking Committee, The Most Important Day in Crypto History? appeared first on Cryptonews.

The purchase makes Hana Financial the fourth-largest shareholder in Dunamu, following several crypto-related deals in the last two months, as it dives deeper into the digital assets sector. Major South Korean financial conglomerate Hana Financial is buying a stake in Dunamu, the operator of the crypto exchange Upbit, in its latest venture into the digital assets sector, amid a broader trend of traditional financial institutions wading into the digital assets market. In a regulatory filing on Friday, Hana Financial announced it is buying more than 2.2 million shares in Dunamu, or roughly 6.55% of the company, from investment firm Kakao Investment, worth over 1.003 trillion Korean won ($668 million). Hana Financial’s 6.55% stake from Kakao makes it the fourth-largest Dunamu shareholder. South Korean outlet The Chosun Daily reported last September that major shareholders of Dunamu include its chairman Song Chi-hyung with 25.5%; Vice Chairman Kim Hyoung-nyon with 13.1%; Kakao with 10.6% and Woori Technology Inves...

Inside a packed Senate hearing room on May 14, the air was heavy with the tension of a high-stakes jurisdictional brawl on the CLARITY Act. What was intended to be a routine legislative markup became a grueling “tick-tock” of procedural maneuvering, personal barbs, and a desperate search for a bipartisan middle ground. Ultimately, the bill […] The post How CLARITY Act survived a chaotic Senate markup after Warren, Banks and Democrats tried to slow it down appeared first on CryptoSlate.

The Shiller cyclically adjusted price-to-earnings ratio for U.S. stocks is nearing the 1999 peak seen during the dot-com bubble.

The latest impressive price surge was likely driven by the Coinbase news, and perhaps due to the CLARITY Act progress.

Large XRP holders are continuing to accumulate even as the market remains sensitive to regulatory developments.

Signal's vice president of strategy said the firm “would rather pull out of the country” than comply with Bill C-22, which could threaten end-to-end encryption. Privacy messaging app Signal has said it may exit Canada if forced to comply with the country's proposed lawful access bill, which would require companies to build technical surveillance capabilities that some argue could threaten end-to-end encryption. In an interview with Canadian news outlet The Globe and Mail on Thursday, Signal's vice president of strategy and global affairs, Udbhav Tiwari, argued that the bill could threaten encryption and leave private messaging services vulnerable to potential cyberattacks.  Bill C-22 is part of a regulatory package introduced in March. It would require electronic service providers to build surveillance capabilities and retain certain user metadata for up to a year as part of a broader push to help law enforcement investigate crimes such as terrorism and child exploitation. Read more

Robin Singh, CEO and founder of Koinly said the changes will hurt low-income crypto investors most and could encourage more short-term trading. Australia’s proposed changes to capital gains tax could lead to smaller profits for cryptocurrency traders, especially low-income earners, and could discourage “patient investing,” according to several crypto executives. The proposed reform, announced by the ruling Labor Party on Tuesday as part of its fiscal year 2027 budget, will bring in a minimum 30% tax on capital gains and scrap the 50% capital gains tax discount on assets held for more than 12 months.  Robin Singh, CEO and founder of crypto tax platform Koinly, told Cointelegraph the proposed changes are a mixed bag: The new system “theoretically” protects investors from being taxed on purely inflationary gains, but in practice, most crypto investors will pay more tax, with low-income earners hit the hardest. Read more

LayerZero has come under scrutiny since it was exploited in April, as crypto protocols reevaluate their cross-chain providers and seek safer alternatives. Crypto exchange Kraken announced Thursday that it had changed its cross-chain provider from LayerZero to Chainlink’s Cross-Chain Interoperability Protocol, joining a number of protocols that have made the move following the Kelp DAO exploit in April. Kraken said it is deprecating its existing cross-chain provider and migrating to Chainlink CCIP as its exclusive cross-chain infrastructure to secure Kraken Wrapped Bitcoin (kBTC) and all future wrapped tokens. The company added that it chose Chainlink CCIP because it “offers enterprise-grade infrastructure with strict security and risk management requirements.” These include certifications, secure-by-default design, 16 independent nodes and native rate limits. Read more