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...
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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...
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...
Perp CEX Volume Drops From $7.1T to $4.69T in 2026: What Changed?
Perp CEX monthly volume dropped from $7.1T to $4.69T in 2026. CoinGecko data reveals what’s shifting the crypto perpetuals landscape. Centralized perpetual exchanges are recording notable volume declines in 2026. According to a new CoinGecko report, the top 11 perp CEXes averaged $4.69 trillion in monthly trading volume in the...
South Korea Targets Crypto Trading Bots With New API Crackdown
South Korea’s DAXA rolls out new API key rules targeting price manipulation and unfair crypto trading across major exchanges. South Korea is tightening its grip on crypto trading. The Digital Asset Exchange Alliance (DAXA) rolled out a new compliance standard on May 28. The policy targets the improper lending of...
Aave Proposes New Framework to Tighten Crypto Asset Listings
Aave Labs wants stricter, clearer rules for crypto asset listings. Here’s what the new technical framework means for DeFi governance. Aave Labs has put forward a new proposal aimed at standardizing how crypto assets get listed on its protocol. The proposal, submitted as an ARFC, targets Aave V3, V4, and...