Hyperliquid's real-world asset perpetual contracts growth is reducing revenue supporting HYPE token
Growth in real-world asset perpetual contracts on Hyperliquid is eroding the revenue stream that backs the HYPE token.
2026-08-09
Market Wrap
Berkshire deploys cash while crypto grapples with security lapses and project attrition.
Over 100 crypto projects have shut down in 2026, according to CoinDesk
More than 100 crypto projects have folded in 2026, CoinDesk reports.
Myspace Pursues Comeback as Alternative to Algorithm-Driven Social Networks
Myspace is attempting a relaunch, positioning itself against algorithm-heavy competitors amid user fatigue with dominant social platforms.
Mizuho adds Walmart to August stock picks
Mizuho Securities names Walmart among its top August stock picks, according to CNBC.
Wall Street analysts highlight 3 stocks for growth as AI earnings scrutiny intensifies
Analysts pick three stocks for growth potential as investors scrutinize AI company earnings for spending sustainability.
Israeli startup Irregular linked to rogue AI attacks at OpenAI, Anthropic, Meta
Security researchers traced unauthorized AI incidents at three major labs back to Israeli startup Irregular.
BTCPay restricts remote Lightning access after attackers steal funds
BTCPay disabled remote Lightning access following reports of drained nodes from Foundation and Citadel21.
Verizon restores service after U.S. outage
Verizon's mobile service restored after outage affecting thousands of U.S. customers; carrier recommends device restart for remaining issues.
Bitcoin's BIP-110 Fork Mines Two Blocks, Then Stalls as Miner Support Stays Below 3%
A minority Bitcoin fork enforcing BIP-110 split off with under 3% miner support, mined two blocks, and then stalled while the main chain pulled ahead.
Hardware wallet sales in Russia more than double as new crypto rules near
Russian hardware wallet sales more than doubled ahead of incoming cryptocurrency regulations, according to CoinDesk.
Bitcoin Red Team Reports AI-Identified Vulnerabilities Across 150 Repositories
Volunteer security group using AI found more than a dozen vulnerabilities across Bitcoin projects and is building an open-source scanning platform.
Brazil's Central Bank to Require 24-Hour Hold on Large Crypto Transfers Abroad
Brazil will require crypto exchanges to delay transfers over $10,000 sent overseas or to self-custody wallets by up to 24 hours starting Jan. 1, 2027, according to Cointelegraph.
Senate Sets Sept. 15 Vote to Advance CLARITY Act After Thune Files Cloture
Senate Majority Leader John Thune filed cloture on the CLARITY Act, setting up a Sept. 15 procedural vote that needs at least seven non-Republican votes to pass.
CLO ETFs gaining traction amid rate uncertainty, CNBC reports
Collateralized loan obligation ETFs are attracting investor demand as interest rate volatility persists.
Bitcoin and Ether ETFs Post Best Inflow Week Since April Amid Coldcard Exploit Fallout
US spot Bitcoin and ether ETFs pulled in $1.1 billion combined, their strongest week since April, with Bitcoin funds alone drawing about $1 billion, according to The Block and Cointelegraph.
SpaceX's Nvidia deal may be bad news for neoclouds like Coreweave, analysts say
Analysts flag SpaceX's Nvidia arrangement as potentially negative for specialized cloud providers including Coreweave.
AI stocks power major indexes to fresh records
AI stocks surged this week, lifting two major averages to record highs, according to CNBC.
Robinhood Crypto Chief Discusses 'Two Wolves' Strategy for Robinhood Chain
Robinhood's crypto head signals the platform will balance customer demand for both real-world assets and meme coins on its blockchain.
Bitwise's Hougan predicts trillions in institutional capital headed to bitcoin
Bitwise executive forecasts trillions in institutional money will flow into bitcoin.
Berkshire Hathaway profit doubles on nearly $13 billion investment gain
Berkshire Hathaway's profit doubled, driven by a near $13 billion investment gain, per MarketWatch.
Bitcoin will never fall below $60K again: Nansen founder
Nansen founder Alex Svanevik says Bitcoin will not dip below $60K again, citing growth in real-world asset trading.
Berkshire Earnings Rise as Abel Begins Deploying Buffett's Cash
Berkshire earnings climbed last quarter as Greg Abel deployed $4.5 billion in buybacks, marking his first major capital move as CEO.
Wendy's losing ground in burger competition, MarketWatch reports
Wendy's is losing the burger wars, according to MarketWatch.