Hyperliquid Clarifies HYPE Token Shorting By Ex-Employee

Decentralized perpetuals exchange Hyperliquid has addressed community concerns about a wallet that was believed to be linked to the internal team selling large amounts of HYPE (HYPE). Co-founder Iliensinc said on Hyperliquid’s Discord channel Monday that the wallet flagged by the community for shorting HYPE belongs to an ex-employee who was terminated in the first…

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Ethereum price steadies as open interest drops 50%

Ethereum price appears to be consolidating after months of leverage exited the market, easing pressure without yet pointing to a clear direction. Summary Ethereum open interest has fallen about 50% since August, showing widespread position closures by large traders. Binance taker sell volume has dropped to its lowest level since May, pointing to softer sell-side…

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Gem Wallet Adds Cross-Chain USDT Support with Integrated Swaps, Bridges, and Scam Protection

[PRESS RELEASE – San Francisco, United States, December 21st, 2025] Self-Custody Wallet Eliminates Cross-Chain USDT Friction with Integrated Swaps, Bridges, and Anti-Scam Protection Gem Wallet, a fully open-source self-custody wallet, today announced a comprehensive USDT infrastructure spanning 10+ blockchains, addressing the fragmented stablecoin experience that has plagued crypto users. With USDT now exceeding $140B in…

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Stealka Malware Targets Crypto Wallets Via Game Mods

New malware has been discovered that targets crypto wallets and browser extensions while disguising itself as game cheats and mods, says cybersecurity firm Kaspersky. Kaspersky reported on Thursday that it had uncovered a new infostealer dubbed “Stealka,” which targets Microsoft Windows user data. Attackers have used the malware, which was discovered in November, to hijack…

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How does GENIUS Act regulate yield-bearing stablecoins?

Share this article The GENIUS Act, signed into U.S. law in July 2025, draws a clear line between stablecoins as a means of payments and yield products as investments. In practice, that line is the single most important regulatory development for projects developing yield-bearing stablecoins, because the law’s core principle is to make payment stablecoins…

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