The Hyperliquid Policy Center and Paradigm say the Treasury’s money-laundering rules for the GENIUS Act are too onerous for stablecoin issuers. The lobbying arm of crypto futures exchange Hyperliquid and venture capital firm Paradigm has urged the US Treasury to revise a proposed anti-money laundering and sanctions rule for stablecoin issuers. The Hyperliquid Policy Center and Paradigm said in a letter on Tuesday that some secondary market obligations should be clarified or narrowed “to avoid unintended consequences for permissionless blockchain infrastructure and the DeFi ecosystem.” The pair said they endorse the Financial Crimes Enforcement Network’s (FinCEN) approach of putting compliance obligations on the “primary market,” such as issuers who have customer information, and taking a “limited approach” to the secondary market, where issuers only see wallets and transactions. Read more
The whale is now backing Arthur Hayes’ favored HYPE, ZEC and NEAR plays, signaling a sharp pivot toward momentum-led crypto bets. A crypto whale who stubbornly held his HYPE short through May’s rally has finally been punished as Hyperliquid’s token kept climbing. Key takeaways: On Tuesday, the trader known as “loracle.hl” finally closed his HYPE short, locking in a $46.46 million loss, according to data resource HyperBot. Read more
P2P.org, a blockchain infrastructure provider operating validators across 40+ proof-of-stake networks since 2018, today launched Syncro Data Stream, a real-time blockchain data stream for Sui and Hyperliquid. May 28, 2026 - P2P.org, a blockchain infrastructure provider operating validators across 40+ proof-of-stake networks since 2018, today launched Syncro Data Stream, a real-time blockchain data stream for Sui and Hyperliquid. The product delivers on-chain transaction and order flow data directly from P2P.org's active validator nodes, at the point of origin rather than through public endpoints, checkpoints, or shared RPC infrastructure. The data stream for Sui and Hyperliquid is available now at $2,000 per month each, with a one-week free trial for new clients. Syncro Data Stream is part of Syncro, P2P.org's crypto trading infrastructure product line. Syncro launched earlier this year with Syncro Sender, a Solana transaction landing service already in production with leading trading teams. Syncro Data Strea...
Hyperliquid launched canonical prediction markets for offchain events, expanding beyond perps as analysts frame it as an onchain superapp. Decentralized exchange (DEX) Hyperliquid launched canonical prediction markets for offchain events, as the platform starts expanding beyond perpetual futures. Validators run automated newsfeed software that publishes the markets and votes on deployment and settlement, Hyperliquid said in a Monday Telegram post. The markets are built on Hyperliquid’s HIP-4 and use Circle’s USDC (USDC) as the quote asset. Hyperliquid said the first markets will open based on the May Consumer Price Index (CPI) year-over-year change and the June federal funds rate decision. Read more
HYPE’s rally is flashing exhaustion near its record-high resistance, raising the risk of a 20% pullback toward the $51.5–$45 support zone. A Hyperliquid (HYPE) whale is refusing to close a massive short position even as the token’s rally leaves the trader sitting on more than $22 million in unrealized losses. Key takeaways: As of Thursday, the wallet '0x8ef...' held a 5x cross-margin short on 1.80 million HYPE, worth about $102.98 million, with an entry price near $44.96, according to HypurrScan data. Read more