Hyperliquid’s native token $HYPE is trading at $26.73, up 8.6% in the past 24 hours and over 80% in the past month. Since hitting a low of $10.34 in April, the token has rebounded 260% and is now just 23% below its all-time high of $34.96. On-chain metrics point to a spike in trading activity, with … Read more
Bringing student loans onchain would increase the total value locked (TVL) in decentralized finance (DeFi) by more than four times, supercharging the industry, according to Yat Siu, chairman of Animoca Brands. Speaking at Consensus 2025 in Toronto, Siu pointed to the $3 trillion global student loan market as an untapped opportunity for the crypto industry. … Read more
Ukraine has created its own strategic reserve bill, with reports indicating that it will adopt Bitcoin as a national reserve asset. This move is of great significance and highlights the country’s financial resolve while it remains at war with Russia. According to crypto news outlet Incrypted, Yaroslav Zhelezniak, the First Deputy Chairman of the Committee … Read more
Lyft, a ride-sharing company with over 2 million drivers, will leverage Hivemapper, a Solana-based DePIN application, as a low-level, street-focused mapping solution. Lyft will implement solutions provided by Bee Maps, a company that utilizes Hivemapper-based software. Lyft Partners With Bee Maps to Capture Street-Level Mapping Data Lyft, a ridesharing company with over 2 million drivers … Read more
Abu Dhabi’s Mubadala Investment Company has boosted its stake in BlackRock’s iShares Bitcoin Trust, indicating continued interest in crypto from one of the world’s largest sovereign wealth funds. According to a May 15 filing with the Securities and Exchange Commission, as of Mar. 31, Mubadala held 8.7 million IBIT shares worth $408.5 million. That’s an … Read more
Key Points: SEC investigates Coinbase’s past user metrics amid transparency concerns. User metric inflation under scrutiny. Coinbase shifts to new engagement reporting. Coinbase is currently under SEC investigation concerning its previous reporting of “verified users.” This probe began during the Trump administration but continues unresolved. The investigation’s focus on transparency in user metrics could impact … Read more
Pharos Network, a Layer 1 blockchain built to bridge traditional finance and decentralized systems, has launched its Testnet. Pharos Network aims to overcome long-standing challenges in real-world asset (RWA) tokenization with scalability and institutional-grade infrastructure. Founded by former AntChain and Alibaba blockchain executives, Pharos aims to redefine how assets such as real estate, renewable energy … Read more
Key points: New Bitcoin price targets leverage interplay with gold to deliver $200,000 and higher this year. Bitcoin price cycles remain in focus as part of the BTC price “power curve” model. Eating gold’s market cap could propel BTC/USD to nearly $1 million by the decade’s end. Bitcoin (BTC) has a “decent chance” of hitting … Read more
The U.S. Department of Justice has dropped a portion of the criminal case against Roman Storm, co-founder of the crypto mixer Tornado Cash, weeks ahead of his trial set for July 14. In a letter dated May 15, Acting U.S. Attorney Jay Clayton informed Judge Katherine Polk Failla of the Southern District of New York … Read more
Disclaimer: The below article is sponsored, and the views in it do not represent those of ZyCrypto. Readers should conduct independent research before taking any actions related to the project mentioned in this piece. This article should not be regarded as investment advice. Cardano (ADA), a leader in the cryptocurrency space, continues to showcase its … Read more