Latest

Regulation & Politics
Trump Says CFTC Working to Onshore Hyperliquid
The president said CFTC Chair Michael Selig is working to bring the geoblocked perpetual futures venue into the US "in a fully compliant and legal fashion," sending HYPE and Hyperliquid Strategies shares up and CME and Cboe down.
Podcast
How Maple Finance Became the #2 Crypto Lender Behind Tether — Sid Powell Explains
Sid Powell, CEO and co-founder of Maple Finance, joins Chris Storaker on the Converge Podcast
Markets
Bitcoin Tops $68,000 as Short Liquidations Hit $1.7 Billion
Ether gained 9% and total crypto market value rose 5.1% after the U.S. Treasury said it would at least double the size of its long-dated bond buybacks. Short positions accounted for 91% of the day's liquidations.

TradFi & Fintech
HSBC and Standard Chartered Complete First Live Transaction on Swift Blockchain Ledger
Swift’s ledger matched and netted obligations recorded on the banks’ separate platforms, but final settlement still ran through existing systems.

Hacks
Maya Protocol Exploit Drains $1.7 Million From Shared Liquidity
Founder Aaluxx said he would ‘work to fix and recover in full,’ while routing service LeoDex reported that Maya had activated a global halt.

Blockchains
Gnosis Chain to Abandon Its Validator Set and Settle to Ethereum
GnosisDAO approved a strategic shift from standalone Layer 1 to an Ethereum-settled rollup, unlocking about 350,000 GNO and ending treasury-funded staking rewards.
DeFi
Hayden Adams Says AMMs Will Win The Biggest Markets. A Former XTX Trader Says They're Going To Zero
The Uniswap founder's first blog post since 2019 argues tokenized stocks will trade against index funds instead of dollars. The replies split between investors who called the thesis disruptive and traders who asked who would want to sell NVIDIA for SPY.
Tokens
Aligned Details ALIGN Airdrop 20 Months Later
The ZK infrastructure firm set unlock schedules and claiming networks for 8.74% of supply. It has not dated the token launch, and the site it built for its public auction now says the sale was canceled.

TradFi & Fintech
Tenev Pushes for Tokenized Stocks in America
The Robinhood CEO published a case for US equity tokenization five days after the SEC shelved its innovation exemption for a second time.
Regulation & Politics
SEC Proposes Token Offering Rules With $75 Million Exemption
The proposal pairs two registration exemptions with a conditional safe harbor that would take the "investment contract" label off a token, and preempts state securities law. All three sitting commissioners backed it in a vote held outside a public meeting.