Author: John Smith

Hyperliquid has received its first reported builder-deployed HIP-4 outcome exchange after OUT completed deployment through the network’s permissionless market framework. Summary OUT has become the first reported outcome DEX deployed through Hyperliquid’s HIP-4 framework. Deployers can create YES/NO markets using templates approved by Hyperliquid validators. HIP-4 contracts are fully collateralized and operate without leverage, funding payments or liquidations. Hyperliquid’s current developer documentation lists permissionless deployer actions as available on the testnet. Hyperliquid’s block explorer shows that a successful on-chain transaction registered the Outcome DEX under the name OUT through the HIP-4 deployment framework. The transaction confirms OUT’s deployment but does…

A regional UK police force has seized 20.21 Bitcoin and other assets valued at more than $1.4 million after tracing the funds to darknet marketplaces active between 2016 and 2019. Summary Police recovered 20.21 BTC, other cryptoassets, and bank funds valued at £1.03 million. Investigators traced the holdings to unnamed darknet markets that operated from 2016 to 2019. A court forfeited the assets under the Proceeds of Crime Act earlier in 2026. The recovery is the force’s largest since new crypto freezing powers took effect in April 2024. UK police recover 20.21 Bitcoin and other assets Avon and Somerset Police…

Trump Digital Gold has crashed 99% from its peak after wallets controlling 82.45% of the Solana token’s supply sold their holdings for about $1.01 million. Summary Connected wallets sold 824.54 million GOLD tokens for 9,784.6 SOL, according to EmberCN. GOLD briefly reached a $66 million market cap after a Trump-affiliated merchandise account promoted it. The token’s market cap fell from $55 million to $1 million in about 30 seconds. U.S. regulators warn that social media promotions are frequently used in crypto pump-and-dump schemes. GOLD wallets sold 82.45% of the token supply On-chain analyst EmberCN reported on Aug. 29 that wallets…

Eight years after the ICO boom, the regulator is offering a path that the market already abandoned. The capital it is trying to regulate now flows through channels the proposal does not touch. Summary The SEC proposed a framework allowing crypto projects to raise up to $75 million annually through public token sales without full securities registration, using an expanded version of existing Regulation A+ exemptions. The proposal arrives roughly eight years after the 2017 to 2018 ICO wave that prompted it, during which projects raised over $20 billion through unregistered token sales before the SEC began systematic enforcement. In…

Crypto and blockchain companies disclosed $184.1 million across eight funding rounds between Aug. 22 and Aug. 28, led by RQD* Clearing’s $74 million growth investment. Summary Eight crypto and blockchain projects disclosed a combined $184.1 million in new financing. RQD* Clearing secured a $74 million minority growth investment led by Bain Capital. Fasset raised $68 million in Series C funding at a $1 billion valuation. Hivemind Digital Group completed a $17 million strategic round led by M&G Investments. Infrastructure, stablecoin banking, and onchain trading attracted most of the disclosed capital. Stablecoin neobank Fasset followed with a $68 million Series C…

The U.S. Securities and Exchange Commission has proposed a rule amendment that would exempt European Union debt from futures trading and open a 60-day public comment period. Summary The SEC wants to add EU debt obligations to the exemption under Rule 3a12-8. The exemption would apply only to the marketing and trading of qualifying futures contracts. EU debt futures would fall under the CFTC’s exclusive jurisdiction if the amendment takes effect. Federal securities laws would continue to govern offerings of the underlying EU debt. SEC proposal would cover EU debt futures The SEC, in an Aug. 28 proposal, said it…

HyENA has announced plans to close every market between Aug. 31 and Sept. 2 after processing more than $4 billion in trades for over 12,000 users. Summary HyENA will remove one market each hour from Aug. 31 through Sept. 2. Open positions will settle automatically, while margin will return to users’ spot balances. HLPe depositors can redeem their holdings and earned rewards through Upshift at a 1:1 rate. HyENA generated nearly 2.5 million USDe in rewards but will not issue a token. HyENA will remove markets over three days HyENA said in an Aug. 28 shutdown announcement that it would…

A Bitcoin wallet linked to convicted Irish drug dealer Clifton Collins has transferred 500 BTC worth about $39.56 million to Coinbase Prime after the coins were reportedly inaccessible because their private keys had been lost. Summary 500 BTC, worth approximately $39.56 million, was sent to Coinbase Prime. The transfer came from a group of wallets linked to Clifton Collins’ 6,000 BTC stash. Irish authorities had recovered 1,500 BTC from the wallet group by July. A Coinbase Prime deposit does not confirm that the transferred Bitcoin has been sold. Collins-linked Bitcoin has moved to Coinbase Prime Lookonchain said in an Aug.…

North Korea-linked Lazarus Group has transferred 244.148 Bitcoin worth about $19.42 million, bringing fresh attention to wallets associated with one of the crypto industry’s most active hacking operations. Summary Lazarus Group transferred 244.148 BTC worth about $19.42 million, according to Lookonchain. The transaction’s destination and connection to any earlier theft remain undisclosed. Another Lazarus-linked wallet moved 262.2 BTC to a new address earlier in August. U.S. sanctions generally prohibit Americans from dealing with property linked to the Lazarus Group. Lazarus Group moves 244 BTC between wallets Lookonchain reported the transfer in an Aug. 28 X post, saying wallets attributed to…

Bullish has provided USD.AI with a $100 million stablecoin debt facility to fund loans secured by graphics processing units used in artificial intelligence infrastructure. Summary Bullish will supply $100 million in stablecoin liquidity for GPU-backed loans. USD.AI offers non-recourse financing secured solely by computing hardware. Bullish plans to list sUSDai and support trading through a market-making program. Bullish shares have gained about 45% over the past month. Bullish said in a Friday announcement that the facility will give USD.AI capital to finance operators purchasing high-performance computing equipment, extending the exchange operator’s exposure to tokenized assets and AI infrastructure. Developed by…