Hyperliquid’s HYPE Becomes Fifth Largest Token in Futures Trading; XRP Remains Ahead
HYPE, the token of leading decentralized perpetual exchange Hyperliquid, is now the fifth-largest digital asset by futures open interest. At the time of writing, the dollar value of the number of active or open bets in HYPE futures (perpetual and standard) traded worldwide was $2.06 billion, according to data...
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UK Startup Optalysys Debuts Server for Blockchains
Optalysys, a U.K.-based startup focused on secure computing, has introduced what it claims to be the world’s first server for blockchains that can process data at scale without decrypting it. The firm’s LightLocker node is a server that uses Fully Homomorphic Encryption (FHE), a mathematical technique allowing computations to...
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H100 Group Targets $79 Million Raise to Power Bitcoin Strategy
H100 Group (H100), a Swedish health-technology company, said it reached an agreement that could see Blockstream CEO Adam Back lend it as much as 750 million kronor ($79 million) to support its long-term bitcoin BTC treasury strategy. Back signed up for an initial 150 million-krona tranche, known as Tranche...
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TON-Based Protocol Affluent Wants to Make Telegram a Financial Super App
A TON-based money market protocol wants to make messaging platform Telegram a super app for decentralized finance (DeFi). Affluent, which will be accessed as a mini app within Telegram, has debuted as a kind of “smart bank for crypto,” serving as a one-stop hub, providing lending pools and yield...
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JuCoin launches new feature that turns trading losses into computing power
Trading platform JuCoin has introduced a new feature that can turn trader losses that reach more than 500 USDT into computing power. The new JuCoin feature is called the “Contract Guardian Program is scheduled for a live launch on the…...
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Cardano staking addresses spike past 1.3M — will ADA price follow?
Cardano has surpassed 1.3 million staking addresses, marking a major milestone in the network’s growth. Following the rise, Cardano (ADA) is now one of the most actively staked blockchain networks, according to a June 16 update on X by Cardano…...
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Hyperliquid’s HYPE token breaks all-time high, eyes more gains ahead
HYPE, the native token of Hyperliquid, hit a new all-time high of $44.69 on June 16 and appears poised for further gains after breaking out of multiple bullish technical setups. According to data from crypto.news, this latest high surpassed its…...
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H100 ramps up Bitcoin accumulation strategy with $15.8M convertible loan from Adam Back
Swedish health tech giant H100 Group has secured an initial $15.82 million convertible loan from Adam Back to accelerate its BTC accumulation strategy, with plans for additional tranches. On June 16, Swedish-listed H100 Group announced that it had signed a…...
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Metaplanet Hits 10,000 BTC Mark Following $210M Bond-Backed Acquisition
Japanese investment firm Metaplanet has announced the acquisition of an additional 1,112 BTC, bringing its total holdings to 10,000 BTC as part of its aggressive Bitcoin Treasury Operations strategy. The latest purchase was executed for approximately ¥16.883 billion or $117 million. Metaplanet’s 10,000 BTC Milestone This development closely follows...
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Pakistan Taps Michael Saylor To Shape Sovereign Bitcoin Policy
Pakistan’s sprint toward a state-level Bitcoin strategy has drawn an influential new ally. On Sunday, June 15, entrepreneur-turned-Bitcoin evangelist Michael Saylor held a video meeting with Finance Minister Muhammad Aurangzeb and Minister of State for Blockchain and Crypto Bilal Bin Saqib to explore how the world’s oldest cryptocurrency could...
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