Headlines

Hyperliquid’s Pre-IPO SpaceX Contract Suffers 45% Flash Crash, Liquidating $1.5 Million

A synthetic crypto contract linked to SpaceX’s private market valuation collapsed nearly 45% in roughly 30 minutes on Thursday, wiping out more than $1.5 million and forcibly closing hundreds of leveraged positions on the decentralized derivatives platform Hyperliquid. The episode drew swift attention from traders and analysts, raising fresh questions about the risks of speculative…

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Mastercard Secures New York BitLicense for Digital Asset Payment Push

Mastercard Transaction Services (U.S.) LLC, a unit of Mastercard, has been granted a BitLicense by the New York Department of Financial Services (NYDFS) in May 2026, allowing the company to conduct digital asset-related activities in New York. This move reinforces Mastercard’s strategy in payment infrastructure and settlement for digital assets, including stablecoins and tokenized deposits,…

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Trump Pledges To Protect Crypto Industry And Ensure Prediction Markets ‘Thrive’

President says the U.S. must remain the global leader in digital assets as states push for tighter regulation of event-based betting platforms President Donald Trump on Tuesday reaffirmed his support for the cryptocurrency industry and prediction markets, pledging to protect both sectors as regulatory tensions escalate between federal authorities and state governments. In a post…

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