OP Labs, the development company behind the Ethereum layer 2 network Optimism, has let go of 20 employees as part of an organizational restructuring aimed at narrowing its strategic priorities and streamlining decision-making processes. “This is not about finances,” OP Labs CEO Jing Wang said in a note. “OP Labs is well capitalized with years…
Hyperliquid price rallied over 8% on Thursday as demand for oil futures on the platform continued to hold steady on the platform. Summary Hyperliquid price rallied to a four-week high of $37.3 on Thursday, led by a surge in oil perps trading activity on the derivatives platform. HYPE has also confirmed a bullish reversal pattern…
XRP futures traders appear to be pulling back as open interest dropped, funding rates weakened, and exchange transaction activity fell significantly. XRP failed to break above $1.40 on Wednesday despite early-week optimism about a potential resolution to the Iran conflict. At the same time, derivatives data suggest speculative activity in the market has been…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Binance co-founder and former CEO Changpeng Zhao has reacted to Forbes’ estimate that ranked his net worth among the 20 richest people on the planet, surpassing figures such as Bill Gates and Michael Bloomberg. Binance’s CZ Among 20 Richest People On Earth…
Mobile phone chipmaker MediaTek patched a vulnerability affecting its chipsets in January that could have allowed an attacker to steal crypto seed phrases on affected devices using just a USB cable and the right software. The flaw was discovered by Ledger’s white-hat security team, Donjon, who had shared the vulnerability with MediaTek before a patch…
Bitcoin held above $70K on Wednesday evening as oil markets swung sharply amid the escalating conflict between the United States, Israel, and Iran, which has triggered one of the most severe energy shocks since the 1970s. Iranian officials warned the world should prepare for oil reaching $200 per barrel if the conflict intensifies, according to…
Binance’s U.S. affiliate has hired veteran compliance executive Stephen Gregory as CEO to steady the platform under tougher U.S. scrutiny and reboot a regulated growth story. Summary Gregory replaces Norman Reed as Binance.US CEO, with Reed staying on as advisor to preserve continuity while handing control to a compliance‑driven operator. The new chief has held…
Changpeng Zhao ranked above Bill Gates on the 2026 Forbes billionaires list, but he says the figures are wrong. Forbes’ newly announced 2026 Billionaires list shows that Binance founder Changpeng Zhao (CZ) is now richer than tech mogul Bill Gates. CZ came in 17th place in the magazine’s annual ranking of the richest people…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is currently consolidating around the $70,000 level as the market continues to trade sideways following several weeks of volatility. Price action has remained relatively stable in recent sessions, with buyers and sellers struggling to establish a clear directional trend while liquidity…
Despite a decline in the price of XRP in the last year, Ripple is expected to reach a valuation 25% higher than reported after a November 2025 funding round. Ripple Labs reportedly plans to buy back up to $750 million worth of shares from investors and employees in a program set to give the company…
