Layer-1 blockchain HyperLiquid, known for its decentralized derivatives exchange, opened up native staking for holders of its HYPE token, according to a Monday post on X. Stakers can select which validator to stake tokens with and will accrue rewards in return for securing the network. At launch, HyperLiquid staked 300 million tokens ($8.4 billion), and […]
Archives for December 2024
Do Kwon’s U.S. Extradition Gets Okay From Montenegro’s Justice Minister
Terraform creator Do Kwon will be extradited to the U.S., Montenegrin Justice Minister Bojan Božović said Friday. The U.S. and South Korean governments have both sought to take custody of Kwon to face criminal charges related to the collapse of the algorithmic stablecoin Terra/Luna system in 2022, which kicked off a series of high-profile collapses […]
Bitcoin Institutional Adoption Accelerates as ETF Filings Show Investor Appetite
The dominant crypto narrative for 2024 has been institutional adoption. From the U.S. approval of spot bitcoin (BTC) exchange-traded funds to the burgeoning number of companies pledging to buy the largest cryptocurrency for their treasuries, crypto has entered, more than ever before, the mainstream conversation. Bitcoin has increased almost 130% this year, breaking record highs […]
Memecoin Degens Raise Millions for Rare Cancer Research After a Father’s Plea
A Pump.Fun memecoin zoomed from zero to an $80 million market capitalization on Thursday after a father’s plea for donations to a research study for his daughter’s rare brain cancer attracted swathes of crypto traders. The MIRA token’s price has fallen 80% from a Thursday peak and trades at just over a cent as of […]
Why 2025 Will See the Comeback of the ICO
Regulatory overhaul in America and a thawing of crypto antagonism globally in 2025 will usher in a new generation of decentralized capital formation, which was first popularized in 2017 as “ICOs” (initial coin offerings). During the 2010s, crypto hadn’t settled on a productive use case for Bitcoin and altcoins until Ethereum smart contracts enabled early-stage […]
