The decentralized perpetual futures trading sector has a new leader: Hyperliquid (HYPE). Launched in December 2024, Hyperliquid has its own Layer-1 blockchain, which has surpassed Solana in 7-day fees. What’s fueling its rapid growth, and how does HYPE compare relative to Solana’s native token SOL (SOL)? Protocols ranked by 7-day fees, USD. Source: DefiLlama Hyperliquid’s
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The US Securities and Exchange Commission has dismissed its lawsuit with crypto exchange Coinbase on Feb. 27, filings show, ending the case permanently. The SEC agreed to voluntarily dismiss all litigation tied to Coinbase and Coinbase Global with prejudice, which included withdrawing from its initial June 2023 lawsuit and its request for an interlocutory appeal
Rebecca Liao, co-founder and CEO of layer-1 blockchain Saga, believes that digital assets began as a bipartisan issue but gravitated toward the Republican Party in the last election cycle due to the previous administration’s anti-crypto policies. In an interview with Cointelegraph’s Turner Wright during the ETHDenver Conference, Liao pointed to the Securities and Exchange Commission’s
Recent efforts to “debank” crypto firms in the US revealed a “staggering” level of corruption among government officials, and the problem is not yet resolved, one banking executive said in a Feb. 27 interview during Bitcoin Investor Week. “The magnitude of skullduggery that is happening in Washington D.C. is really incredible… and it’s not over
Ether (ETH) price stabilized near $2,300 after a sharp 20% drop over three days, hitting a low of $2,255. This decline shook market sentiment, as Ether hadn’t traded at these levels since October 2024. However, the ETH derivatives market is showing early signs of recovery and strength, suggesting a potential rebound to $2,800. Ether 30-day
The Finance Ministry of Pakistan is considering forming a “National Crypto Council” to explore the legalization of cryptocurrencies in the country, according to a report from local publication Dawn. The change in position came after Finance Minister Muhammad Aurangzeb had a meeting on digital assets with a foreign delegation that included US President Donald Trump’s
Bitcoin’s (BTC) daily chart registered a bearish three-blind mice pattern over the past three days, taking BTC’s value outside the long-term established range between $110,000 and $90,000. Bitcoin 1-day chart. Source: Cointelegraph/TradingView Over the past 24 hours, Bitcoin tested the fair value gap, but BTC has struggled to establish bullish momentum from the $82,000 range
Texas Senate Bill 21 (SB-21), establishing a Bitcoin and cryptocurrency strategic reserve, passed the Texas Senate Banking Committee on Feb. 27 in a 9–0 vote and now advances to the Senate floor for further deliberation. The bill gives the Texas Comptroller of Public Accounts the authority to acquire, sell and trade any investment “that a
The United States has a huge opportunity to embrace blockchain technology, Web3 and crypto through legislation under a changing political landscape, Representative Bryan Steil said during a Feb. 26 interview. “My broader philosophical goal here is [as a policymaker]: How do we make sure that the United States is in a position to out-compete the
US President Donald Trump’s first month in office has been highly volatile for risk assets, but his administration will likely be a net positive for Bitcoin in the long run, according to Standard Chartered. In a Feb. 27 interview with CNBC, Standard Chartered’s head of digital assets research, Geoffrey Kendrick, said he expects Bitcoin’s (BTC)
New token listings resemble the stock market on steroids. Without the guardrails of traditional finance, prices swing wildly, making—and more often breaking—fortunes in days, if not hours. Binance exchange is often the listing destination of choice for many of these tokens, which offer traders high-risk bets and the chance to chase the next market sensation.
Opinion by: Stuart Gardner, CEO of Spacecoin The cat-and-mouse game between net neutrality and the Federal Communications Commission, the US communications regulator, continues after a federal appeals court in the country once again struck down rules to protect consumers’ unrestricted access to the internet. This precarious position of net neutrality in one of the largest
Crypto crime has entered a professionalized era dominated by AI-driven scams, stablecoin laundering and efficient cyber syndicates, the 2025 “Crypto Crime Report” by Chainalysis reveals, with the past year witnessing a staggering $51 billion in illicit transaction volume — shattering previous records and assumptions. Initial estimates suggested a decline in crypto crime for 2024. Deeper
Bitcoin (BTC) drifted back to $85,000 at the Feb. 27 Wall Street open as markets digested confirmation of new US trade tariffs. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView BTC price sells off as Trump says tariffs will go ahead Data from Cointelegraph Markets Pro and TradingView showed BTC/USD pulling back from a relief bounce to $87,000
Hackers gained access to the memecoin platform Pump.fun’s X account on Feb. 26, raising questions about security at a crucial time for memecoins and the crypto industry as a whole. The platform has since regained control over its X account. Pump.fun said that it’s unlikely any of its staff are at fault as it followed
Solana’s (SOL) price trades 52% below its all-time high of $295 on Jan. 19. The 41% drawdown over the last month accompanies a 40% drawdown in the total value locked on Solana, with SOL’s technical setup pointing to further losses ahead. Solana TVL drops $5B in 30 days The total value locked (TVL) on the
Onchain cybersecurity platform Cyvers detected suspicious outflows on Feb. 27 from an address linked to Mask Network founder Suji Yan. According to Cyvers, other flagged addresses received about $4 million in cryptocurrencies, primarily in Ether (ETH)-linked tokens. The digital assets suspected to have been stolen included 113 ETH, valued at over $265,000 at the time
A Bitcoin whale known as “Spoofy” acquired more than $340 million worth of BTC on the Bitfinex exchange as Bitcoin’s price dropped below $90,000. On Feb. 27, community members reported that the whale had accumulated 4,000 Bitcoin (BTC) while the asset hovered between $82,000 and $85,000. The position is worth around $344 million at the
The US Congress is reportedly set to consider legislation that would ban the issuance of memecoins like President Donald Trump’s Official Trump (TRUMP) token. House Democrats are preparing to introduce the Modern Emoluments and Malfeasance Enforcement (MEME) Act, which would prohibit public officials from profiting from digital assets, California Representative Sam Liccardo told ABC News
Japanese Bitcoin treasury firm Metaplanet issued 2 billion Japanese yen ($13.35 million) in bonds to continue expanding its BTC reserves, marking the latest move in a series of purchases that began in May 2024. On Feb. 27, Metaplanet announced the fresh issuance of 0% ordinary bonds worth 2 billion yen to purchase Bitcoin (BTC). According