Grayscale withdrew registration statements for three planned U.S. altcoin exchange traded products on Aug. 7, ending the current registration process for its Cardano, Hedera and Polkadot funds. Summary Grayscale withdrew Cardano, Hedera and Polkadot ETF registrations through three Form RW filings on Friday. All three filings state registrations never became effective and no securities were
At the start of 2026 these builder-deployed markets were about 2% of Hyperliquid’s perp volume. They are now roughly half of it. The pass-through shows up in the accounts. Cost of revenue, the portion of fees Hyperliquid hands straight back to builders, market makers and its own liquidity vault, was under 6% of gross revenue
Most traders assume depegs are slow. They are not. Inside the 30 second window where arbitrage bots, liquidation cascades, and oracle lag collide to turn a minor price slip into a systemic event. Summary A stablecoin depeg lasting fewer than 60 seconds can trigger hundreds of millions of dollars in DeFi liquidations because lending protocols
Bitcoin’s contentious BIP-110 test has moved from signaling into an actual chain split, and the first hours show miners overwhelmingly continuing to build on the existing Bitcoin chain. Summary BIP-110 entered mandatory signaling with just 51 of 2,016 prior blocks supporting the proposal overall. The enforcing branch stalled at block 961,633 while Bitcoin’s main chain
Michael Saylor put Strategy’s Bitcoin activity back under scrutiny on Sunday, Aug. 9, with a two word X post: “Doing ₿usiness.” Summary Strategy sold 1,638 BTC for $104.73 million between July 27 and August 2, filings show. Saylor’s Sunday “Doing ₿usiness” post did not specify whether Strategy bought, sold, or moved Bitcoin. Lookonchain linked a
Bitcoin’s latest move higher was triggered by one key catalyst: the temporary Middle East ceasefire. The easing of geopolitical risk and pressure on energy markets quickly improved sentiment, pushing BTC out of weeks of indecision within the $64,000–$72,000 range into a more accelerated move higher toward the top of the range. As highlighted in the
Fresh HYPE supply is moving through trading venues after HyperLabs unlocked 433,025 tokens worth more than $23 million, adding another test for Hyperliquid’s market as scheduled team distributions continue. Summary HyperLabs unlocked 433,025 HYPE worth about $23.46 million and moved tokens toward trading venues afterward. Lookonchain linked transfers to Flowdesk and OKX, but exchange deposits
In Thailand crypto news today, the Southeast Asian nation has adopted a 0% personal income tax rate on capital gains from cryptocurrency trades conducted through Securities and Exchange Commission of Thailand-licensed exchanges, brokers, and dealers. Published in the Royal Gazette under Ministerial Regulation No. 399, the exemption applies to qualifying transactions from January 1, 2025,
President Donald Trump has privately told senior aides he could end the U.S.-Iran war without securing a nuclear agreement if Tehran fully reopens the Strait of Hormuz, the Wall Street Journal reported on Aug. 9, citing U.S. officials. Summary Trump reportedly told aides he could end the Iran war without securing a nuclear deal. Iran
The crypto industry is angry and disappointed that the Senate is not holding a procedural vote on the Clarity Act this month, but that isn’t the worst possible outcome. Source link
