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The Hyper Foundation allocated 1 million HYPE tokens worth approximately $29 million Wednesday to establish the Hyperliquid Policy Center, a Washington-based nonprofit focused on decentralized finance regulation. Cryptocurrency lawyer Jake Chervinsky was named founding CEO. The organization plans to

DeFi derivatives platform Hyperliquid (HYPE) is moving directly into the U.S. regulatory arena with the launch of a Washington-based policy organization, a step that signals a broader push to establish a legal pathway for onchain perpetual futures and blockchain-native market infrastructure. The new

A misconfigured oracle on DeFi lending platform Moonwell briefly priced Coinbase Wrapped ETH (cbETH) at roughly $1 instead of its actual market value of approximately $2,200, triggering a cascade of liquidations that left the protocol with $1.78 million in bad debt. What Happened: Oracle Mispricing

Dragonfly Capital has closed a $650 million fourth venture fund, adding fresh firepower at a time when crypto venture fundraising remains well below its cycle highs. The firm is positioning the new vehicle to back startups building the financial backbone of the digital asset economy, with a clear ti

DeFiLlama’s 0xngmi Warns Token Unlocks May Be Creating Perverse Incentives