Decrypt

Hyperliquid Delists Surging Solana Meme Coin to Avoid Liquidation Crisis

Solana-based meme coin JELLYJELLY was delisted from Hyperliquid after a 20x leveraged bet tested the decentralized exchange's integrity.Source link

Crypto Giants Seek Congressional Clarity on US Money Transmitter Rules

More than 30 crypto firms and foundations have asked Congress to have the US Department of Justice to clarify a key enforcement matter.Source link

Fidelity Testing Its Own Stablecoin as Firm Expands Crypto Efforts

The asset management giant's initiative comes as it also explores the tokenized U.S. Treasury market.Source link

Solana DEX Raydium’s Pump.fun Alternative Is Going Live ‘Within a Week’

Raydium's team lead believes the majority of asset issuance will occur on Solana. "We want Raydium to play a central role in that," he said.Source link

USDC Sets All-Time High Market Cap Above $60 Billion as Adoption Surges

USDC set a new all-time high market capitalization above $60 billion as adoption grows and its issuer, Circle, is rumored to be eyeing an IPO.Source link