• Today2h ago
    Project update
    Hyperliquid Strategies files to become a US FCM for HIP-3 perps

    Hyperliquid Strategies files to become a US FCM for HIP-3 perps

    Nasdaq-listed HYPE treasury Hyperliquid Strategies (PURR) disclosed in its Q3 2026 results that a subsidiary has applied to become a futures commission merchant (FCM) in the US.


    If approved, the FCM would carry US client accounts for permissioned markets deployed on Hyperliquid under HIP-3, the upgrade that lets independent operators launch compliant markets on the chain. That would give American traders a regulated route into Hyperliquid perpetual futures. The company notes there is no assurance on timing or outcome of the application.



    In Q3 the company deployed $785M to buy 9.1M HYPE, lifting its treasury to 38.5M tokens worth about $3.5B at quarter end, with zero debt.


    As of October 28, holdings reached 38.9M HYPE at a blended cost of $56.35 per token, and the Hyperliquid Strategies x Unit validator is now the largest non-Foundation validator on the network.

  • Today3h ago
    Project update
    Base cuts block times to 200ms with Denim mainnet upgrade

    Base cuts block times to 200ms with Denim mainnet upgrade

    Until now, Base produced one canonical block every two seconds and relied on Flashblocks to stream faster pending-state updates. Coinbase's Layer 2 has activated the Denim upgrade on mainnet, its fourth mainnet upgrade, after a Sepolia testnet run since October 21.



    Base now produces five full canonical blocks per second, one every 200ms.


    Each 200ms block has its own hash, state root and receipts. Denim also adds onchain millisecond time through a BaseTime predeploy, millisecond-resolution RPC timestamps and tighter transfer and policy rules for B20 tokens.


    Denim replaces Flashblocks entirely, so applications built on Flashblocks need to migrate to the canonical block and RPC streams.

  • Today3h ago
    Project update
    Jito's JTX launches RFQ trading for 1,650+ tokenized stocks

    Jito's JTX launches RFQ trading for 1,650+ tokenized stocks

    Tokenized stocks on Solana have grown fast in 2026, but thin liquidity on most listed names has made large trades hard to execute. JTX, the trading terminal built by Jito Labs, now supports tokenized US and international equities from Backpack and Ondo.


    The new JTX Equities section offers RFQ quotes direct from issuers, live pricing and a full equities data view. Coverage spans more than 1,650 tokenized stocks, with xStocks also among the supported issuers.



    RFQ swaps on JTX can execute trades of up to $1M per order.


    Beyond execution, the terminal adds equity data such as corporate insider activity, options flows and earnings, the kind of analytics usually found in paid TradFi platforms. JTX went live in July 2026 and targets higher-volume traders rather than memecoin flow.

  • Today3h ago
    Project update
    Binance and CZ subpoena Kevin O'Leary and Michael Lewis in $1.76B FTX suit

    Binance and CZ subpoena Kevin O'Leary and Michael Lewis in $1.76B FTX suit

    The FTX Recovery Trust is trying to claw back $1.76B it says Sam Bankman-Fried fraudulently transferred to Binance in a July 2021 share buyback, and the defense is now widening discovery to FTX's best-known backers and chroniclers.


    Binance Holdings and Changpeng Zhao seek records from "Shark Tank" host and FTX investor Kevin O'Leary, "Going Infinite" author Michael Lewis, a former Forbes digital assets research director and audit firm BDO USA. The notice was filed Wednesday in the US Bankruptcy Court for the District of Delaware, with subpoenas served last week.



    The case covers $1.76B in BUSD, BNB and FTT that FTX paid to buy back Binance's stake, one of the largest clawback claims left in the FTX estate.


    In July, Chief Judge Karen B. Owens let the core fraudulent-transfer claims proceed against four Binance entities and Zhao while dismissing other counts, so the case is now moving into evidence gathering.

  • Today4h ago
    Analytics
    Treasure Wants to Print More. Multiple DAOs Already Did That

    Treasure Wants to Print More. Multiple DAOs Already Did That

    Treasure proposes printing 49.8% more MAGIC: up to 173M tokens, about $14.0M at current price. The first 100M (about $8.1M) would be minted in Feb 2027. The vote runs Nov 18 to Dec 2.


    We priced the new tokens from 10 earlier DAO votes on the vote day: about $1.6B in total. The biggest was Synthetix: $495M over 2 years of inflation.


    A year later 7 of 10 traded lower. The median token fell 55%, the median top-100 altcoin 52%. Up: Render (+226%), Kyber (+23%) and MANTRA, before its April 2025 crash.

  • Today5h ago
    Project update
    Amundi tokenizes its €22.8B STOXX Europe 600 index fund on Ethereum

    Amundi tokenizes its €22.8B STOXX Europe 600 index fund on Ethereum

    Tokenized funds have so far been mostly a cash management story. Europe's largest asset manager is now taking the model into equities: Amundi has issued a tokenized share class of its Core STOXX Europe 600 fund on public Ethereum.



    The sub-fund behind one of Europe's most widely held equity ETFs manages €22.8B in assets.


    The share class was built with CACEIS, which provides the tokenization technology and infrastructure. It stays fully integrated into the fund's existing operating model, and the fund remains available through traditional channels.


    The launch follows Amundi's first tokenized money market fund share class, also built with CACEIS on Ethereum, and the addition of stablecoin subscriptions. The firm says it plans to build out a wider range of tokenized funds for institutional clients and digital platforms.

  • Today5h ago
    Project update
    Solana Labs launches Leap, a 24/7 app for tokenized stocks and crypto

    Solana Labs launches Leap, a 24/7 app for tokenized stocks and crypto

    Solana Labs is pitching a calmer alternative to meme coin trading: Leap opened a beta of its mobile trading app for tokenized stocks, ETFs, metals, currencies and crypto, tradable around the clock. Early access runs on iPhone via TestFlight, Android is coming soon, and the U.K. and other restricted regions are excluded.


    Leap is built by the Dialect team, acquired by Solana Labs earlier this year and known for Solana Actions and Blinks. Trades execute as onchain swaps routed through Jupiter, with Helius for infrastructure and Birdeye for market data, while the app pins curated news to price charts and tracks profit and loss per position.



    Leap charges no fees of its own at launch, but plans to use future fees to buy and burn SOL and fund a referral program paying early users 30% of fees from invited traders.


    The launch lands as tokenized equities gain traction on Solana, though 56 companies have objected to having their shares traded on OKX and ICE's planned tokenized stock venue.

  • Today5h ago
    Project update
    Core Scientific to exit bitcoin mining by year-end as AI revenue hits $215M

    Core Scientific to exit bitcoin mining by year-end as AI revenue hits $215M

    Once the largest public bitcoin miner, Core Scientific posted its third quarter 2026 results and reaffirmed on the earnings call that it will fully exit bitcoin mining by the end of the year to become a pure-play high-density colocation provider for AI workloads.



    Colocation revenue rose nearly 60% quarter over quarter to $215.4M, while self-mining revenue fell to $12.3M from $57.4M a year earlier.


    The company now bills for 485 MW of capacity, worth over $700M in annualized colocation revenue, and is building out a second colocation agreement across five campuses. Its digital asset holdings dropped to $2.7M at the end of September from $222M at the end of 2025.


    The move removes one more large operator from the bitcoin hashrate base, as miners shift power capacity toward AI data centers.

  • Today6h ago
    Project update
    $6.3B Binance Hack Funds Flow Through Chinese Laundering Networks

    $6.3B Binance Hack Funds Flow Through Chinese Laundering Networks

    A week after the largest theft in crypto history, part of the loot is starting to leave the blockchain. Chainalysis has traced stolen Binance funds into Chinese money-laundering networks, the channels North Korean hackers have used to cash out in previous thefts.


    The amount tracked so far is in the hundreds of thousands of dollars, a fraction of the total. The attackers, identified by US authorities as North Korea's TraderTraitor group, are moving the rest through thousands of wallets across multiple blockchains to obscure its origin.



    About $2.8B of the stolen assets had been frozen as of November 3, mostly stablecoins blocked by their issuers.


    The remainder sits largely in assets like BTC and ETH that cannot be frozen. Once funds reach over-the-counter brokers and underground banking networks, recovery becomes far harder.

  • Today7h ago
    Project update
    Soter brings total funding to $23.5M with Standard Chartered and SBI

    Soter brings total funding to $23.5M with Standard Chartered and SBI

    Insurance capacity remains one of the missing pieces for banks entering digital assets, and Abu Dhabi-based Soter Insure has added SC Ventures and SBI Group to its Series B as strategic investors. The second close also includes a follow-on from Token Bay Capital.


    The round is led by Galaxy, with Coinbase Ventures, Franklin Templeton and Brevan Howard Digital joining in the first close in July 2026. Total funding now stands at $23.5M.



    On top of the cash, Soter received backing of 500 BTC and 2,000 ETH, worth about $43M at current prices.


    The company covers crime, specie, slashing and smart contract failure risks for financial institutions, with policies denominated in both fiat and native digital assets. Proceeds will go toward more insurance capacity and expansion into Asia-Pacific via Hong Kong, Europe and the US.