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On-chain data reveals HyperLabs, the development team behind Hyperliquid, has unlocked 3.75 million HYPE tokens worth ~$330M. 1.875 million HYPE have been distributed via OTC deals to five distinct wallets, each receiving 375k tokens. The team confirms this is a strategic move to onboard long-term partners, avoiding public market sales.
Read MorePredictive market data shows the probability of Polymarket announcing a native token at TOKEN2049 has sharply dropped from 63% to 17%. This volatility reflects real-time shifts in crypto community sentiment, potentially impacting market dynamics.
Read MoreFlorida's Attorney General has filed for a temporary injunction against Meta, demanding the shutdown of addictive algorithms targeting youth and a ban on disruptive notifications during school and sleep hours to safeguard minors' digital well-being.
Read MoreEthereum Foundation researcher Justin Drake warns that AI advances may soon threaten ECDSA encryption, potentially allowing private key recovery in months. He advises the crypto industry to proactively plan a structured "bunker mode" migration to fresh, unused addresses for enhanced security.
Read MoreHouse Financial Services Chair French Hill argues that recent SEC and CFTC regulatory proposals fall short of providing the long-term stability only congressional legislation can offer. With multiple commissioner vacancies, he stresses that permanent legal frameworks are crucial for U.S. leadership in digital assets.
Read MoreEric Trump highlighted at Token2049 that massive AI investment is the fastest driver for digital asset growth. He explained how AI agents using crypto wallets, capital rotation between AI and crypto, stablecoin impact on U.S. debt, and asset tokenization are reshaping finance and access to investments.
Read MoreMediation efforts between the US and Iran have reached a standstill, according to sources. Key disagreements have stalled talks, adding uncertainty to an already tense regional landscape.
Read MoreUS-Iran mediation efforts have reportedly reached a deadlock, according to sources cited by Al-Hadath. Diplomatic progress remains stalled amid persistent regional tensions and unresolved core disagreements between the two sides.
Read MoreMichael Novogratz, founder of Galaxy Digital, calls AI the "biggest bubble of our lifetimes" yet urges investors to participate. He argues the bubble hasn't peaked and AI stocks remain relatively cheap by valuation metrics, presenting a strategic opportunity despite the risks.
Read MoreTensions around the Strait of Hormuz have triggered a massive surge in global tanker freight rates. The cost to ship U.S. crude to Asia on a VLCC has reportedly jumped to $77 million, drastically increasing per-barrel transport costs by approximately $38.50 and reshaping global oil trade logistics.
Read MoreCybersecurity consultant Jonathan Spalletta was convicted for stealing $55 million from Uranium Finance. He faces up to 20 years for money laundering using crypto mixers. Authorities seized rare Pokémon cards, crypto assets, and historical artifacts including a moon-flown Wright brothers piece. Sentencing is set for February 16.
Read MoreOpenAI announced it will introduce a college planning tool in the teen version of ChatGPT, designed to help students navigate the university application process and support their learning and future planning. This move highlights AI's growing role in education.
Read MoreCoinbase is set to launch PONS spot trading on October 7. The PONS-USD pair will go live if liquidity conditions are met and regional support is confirmed, marking a significant step for the token's market accessibility.
Read MoreReports that SpaceX is seeking financing for a $40 billion Nvidia chip purchase have sent its credit risk indicators to record highs. Its five-year CDS price surged and bonds fell in secondary trading, reflecting heightened investor concern over the massive funding plan and its financial implications.
Read MoreOn-chain data reveals HyperLabs, the development team behind Hyperliquid, has completed unstaking 375 million HYPE tokens valued at approximately $332 million. The transaction, initiated seven days prior, represents a significant liquidity shift that could impact market dynamics.
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