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Hyperliquid’s UK warning reveals the regulatory test behind its Wall Street push

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Hyperliquid’s rapid growth has drawn a warning from Britain’s financial regulator, adding a consumer-protection concern to a platform increasingly watched by Wall Street and traditional market operators. The Financial Conduct Authority (FCA) placed Hyperliquid and the Hyper Foundation on its warning list, saying the firm may be providing or promoting financial services in the UK … Read more

A little-known 1,250% rule could lock US banks out of Bitcoin

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A group of Republican senators is warning US bank regulators that a little-known capital rule could effectively keep banks out of Bitcoin, even as Congress moves to give traditional financial firms a larger role in digital asset markets. In a May 27 letter to Federal Reserve Vice Chair for Supervision Michelle Bowman, FDIC Chair Travis … Read more

CLARITY Act Push Gains Momentum as Lawmakers Race to Lock in US Crypto Rules

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The CLARITY Act push is gaining momentum as lawmakers seek federal rules for digital asset markets. The proposal has attracted support from congressional leaders, industry organizations, consumer-focused groups, national security veterans, and President Donald Trump. CLARITY Act Push Gains Momentum as Lawmakers Warn of Global Stakes Momentum behind the Digital Asset Market Clarity Act (CLARITY … Read more

AI-assisted Zcash flaw exposes the supply integrity gap an emergency fork could not fully close

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The exploit that nearly broke Zcash originated inside the zero-knowledge proof circuit that powers Orchard, Zcash’s newest shielded pool, and the cryptographic core of its private transaction system. Taylor Hornby, a security researcher at Shielded Labs, found it on May 29 during a targeted protocol security review. Within hours, ZODL engineers confirmed the flaw, and … Read more

A stablecoin tied to Strategy stock depegs putting a new DeFi dollar risk in focus as Bitcoin sells off

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Apyx’s apxUSD fell below its dollar reference on June 4 as Bitcoin traded near $63,000, putting DeFi dollar peg risk back in focus. A Bitget report said the token briefly touched $0.93 during the selloff. The report framed Apyx’s response as a design point: apxUSD’s reserve risk is largely borne by Strategy’s STRC preferred stock, … Read more

A mystery whale paid $30 million to exit BlackRock Bitcoin ETF before the market fell

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Last week, an institutional investor executed the largest single off-exchange trade in the history of US spot Bitcoin exchange-traded funds, offloading a $1.26 billion position in BlackRock’s iShares Bitcoin Trust (IBIT). While the transaction has sparked intense debate on Wall Street, an analysis from NYDIG suggests the sale was a targeted, urgent retreat by a … Read more