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Arthur Hayes Dumps His Entire ZEC Bag After Orchard Exploit, Prices Down Nearly 50%

Arthur Hayes has sold his entire ZEC position following the Zcash Orchard pool exploit, declaring that “the Holy Trinity is dead.” The high-profile exit has deepened a selloff that has…

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WSJ: Hyperliquid Has Become Wall Street’s Go-to Weekend and After-Hours Perps Venue

Hyperliquid is emerging as a key weekend and after-hours venue for Wall Street traders to trade perpetual futures, the Wall Street Journal reported, as round-the-clock onchain markets pull activity away…

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Grayscale’s Hyperliquid Staking ETF Debuts With Lowest US Fee at 0.29%

Grayscale’s Hyperliquid Staking ETF (HYPG) began trading on June 3 with a 0.29% sponsor fee, the lowest among US-listed HYPE products, intensifying a price war among issuers chasing the fast-growing…

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Solana Tops All Blockchains With $91 Million in May App Revenue, Beating Ethereum

Solana generated $91 million in application revenue in May, more than any other blockchain and ahead of Ethereum’s $52 million, according to data shared by Defillama. Solana out-Earns Every Layer…

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Bitcoin ETFs Lead Weekly Losses With $1.42B Exit as HYPE ETFs Push Altcoin Inflows

Bitcoin and ether exchange-traded funds (ETFs) closed the final week of May under sustained redemption pressure, with combined outflows of more than $1.6 billion as investors continued to trim exposure…

Continue ReadingBitcoin ETFs Lead Weekly Losses With $1.42B Exit as HYPE ETFs Push Altcoin Inflows