Grayscale has filed with the U.S. Securities and Exchange Commission to launch the Grayscale HYPE ETF, a proposed spot exchange-traded fund tied to Hyperliquid’s native token, HYPE. Summary Grayscale filed for a Nasdaq-listed HYPE ETF tied to Hyperliquid’s native token price movement. The proposed fund may add staking later, though it will not offer staking…
Elon Musk has revealed Terafab, a hyper-scale chip production factory aimed at unlocking massive AI compute and ultimately supporting space-based infrastructure and human expansion beyond Earth. Tesla, SpaceX, and xAI, now part of Musk’s aerospace company, are jointly developing the project. Their goal is to produce one terawatt of computing each year, roughly 50 times…
A tentative agreement on stablecoin yield may help restart progress on the CLARITY Act in Washington. Reports said White House officials and US lawmakers are working on terms that could address one of the main disputes that slowed the crypto market structure bill earlier this year. Summary A reported agreement in principle may help restart…
Amazon is working on a new phone, internally called “Transformer,” to accelerate user engagement with its AI assistant Amazon Alexa, Reuters reported Friday. The device is conceived not as a conventional competitor to Apple or Samsung handsets but as a personalization interface designed to keep consumers tied to Amazon’s ecosystem of services. It may rely…
Bitcoin (BTC) stayed near the $70,000 level after a volatile week shaped by geopolitical tensions and the latest Federal Reserve meeting. BTC price traded at $70,672.50 at the time of writing, down slightly over 24 hours and up 0.11% over the past seven days. Summary BTC price stayed above $70,000 after sharp swings tied to…
UBS, the Swiss multinational investment bank and one of the world’s largest wealth managers, has obtained final approval from the Office of the Comptroller of the Currency (OCC) to convert UBS Bank USA into a nationally chartered bank, the company announced in a LinkedIn post. With the national charter, UBS aims to bolster its US…
Beyond the official page itself, experts warned it lacked a proper sitemap, making it easy to clone and weaponize on lookalike domains. Coinbase has taken down a recently flagged “legacy recovery” tool after on-chain investigators warned that it could be used to trick users into giving up their seed phrases. The episode reignited concerns…
Ethereum (ETH) traded at $2,100 at the time of writing, up almost 1% over 24 hours and 4% over the past seven days. The move comes as onchain data shows fresh accumulation by a long-term Ethereum holder, even as US spot Ether ETFs continue to record outflows. Summary Ethereum wallet thomasg.eth adds $19.5M in ETH…
Worldcoin, the digital identity and token distribution project co-founded by Sam Altman in 2019, appears to have offloaded 117 million WLD tokens worth about $39 million through over-the-counter sales, according to Lookonchain. Worldcoin appears to have sold 117M $WLD($38.7M) via OTC. Today, Worldcoin deposited 117M $WLD($38.7M) to #Binance and #FalconX, and then received 35M $USDC.https://t.co/k7ewApTkoO…
The cryptocurrency market has experienced a slowdown in the past 24 hours, with Bitcoin’s price showing little movement. As of now, Bitcoin (BTC) trades within a narrow range, oscillating between $69,500 and $70,600. Summary Bitcoin stabilizes around $70K after volatility, with a minor correction from earlier highs. Altcoins show minimal price changes, with most trading…
