Crypto News
GameStop Borrows Strategy Playbook, Plans to Raise $1.3 Billion to Buy Bitcoin
GameStop said it plans to offer to $1.3 billion worth of convertible senior notes to buy Bitcoin, following the approach of Strategy.Source link
Fidelity Investments to Launch Own Stablecoin, Entering Tokenized US Treasuries Market
Fidelity Investments is reportedly planning to launch its own stablecoin, marking its entry into tokenized U.S. Treasuries. Changing Environment Under Trump Administration Fidelity Investments, the Boston-based $5 trillion asset management firm, is reportedly planning to launch its own stablecoin. The stablecoin launch is seen as heralding Fidelity’s entry into tokenized versions of U.S. Treasuries. AccordingSource link
Wyoming Governor Says State’s Long-Planned Stablecoin Could Launch by July
Wyoming's planned stablecoin—first proposed in 2022—will work across Ethereum, Solana, Avalanche, and multiple ETH scaling networks.Source link
Hyperliquid’s Emergency JELLY Delisting Saves $240M but Sparks Centralization Backlash
Hyperliquid, a decentralized exchange (DEX) platform, delisted the JELLY token on March 26, 2025, following suspected market manipulation that triggered a $10.63 million loss, prompting emergency intervention by its validator network. Hyperliquid Delists JELLY Amid Suspected Market Manipulation Hyperliquid, a decentralized exchange (DEX) protocol operating on its proprietary layer one (L1) blockchain, removed the JELLYSource link
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