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Chainlink's native token dropped more than 5% to $18.41 on Tuesday despite S&P Global Ratings announcing it will publish stablecoin risk assessments directly on blockchain networks through Chainlink's infrastructure. The decline underscores a disconnect between market sentiment and institutional ado

A public dispute erupted between Hyperliquid founder Jeff Yan and Binance over liquidation transparency following last week's cryptocurrency market crash. Yan claimed some centralized exchanges dramatically underreported user liquidations during the volatility, while Binance's former CEO defended hi

Elon Musk declared Bitcoin superior to government-issued currencies in a post on X, arguing the cryptocurrency's foundation in energy expenditure makes it impossible to counterfeit unlike fiat money that every government has historically debased. The Tesla CEO's statement came as Bitcoin traded at $

An anonymous cryptocurrency trader on the Hyperliquid decentralized exchange has increased their short position against Bitcoin to nearly $500 million, doubling their bet in just two days after previously profiting $192 million from a recent market crash. The trader, whom the crypto community has du

California Governor Gavin Newsom signed legislation Monday that fundamentally changes how the state handles unclaimed cryptocurrency held on exchanges and custodial platforms. The new law prevents automatic liquidation of dormant digital assets and requires the state to preserve them in their origin