Perpetuals tied to SK Hynix hit by flash crash to $900 on Hyperliquid
Perpetual futures on the South Korean chipmaker's American depositary receipts plunged 20% in one minute before quickly rebounding above $1,000. Source:CoinDesk
BitMEX and BitMart may be first casualties of crypto trading slump
Trading volumes across major centralized platforms fell down to $1.05 trillion, marking the quietest stretch of activity for the digital asset market in over…
Ondo shifts from layer-1 blockchain plan to offchain execution network
The new system marks an apparent departure from the institutionfocused layer1 blockchain Ondo announced in 2025. Source:Cointelegraph
Actor Orlando Bloom tries again to sell Malibu beach house — now for $10 million
Hollywood star Orlando Bloom is making another attempt to sell his longtime Malibu beach mansion—relisting the property at a big discount, just a few weeks…
Hong Kong’s central bank puts a number on lenders' quantum preparedness. It's very low.
The Hong Kong Monetary Authority published a whitepaper on the quantum preparedness of Hong Kong’s banking industry and its first Quantum Preparedness Index.…
Apple faces lawsuit over alleged $1.8M Bitcoin wallet app losses
Three users allege a fake Sparrow Wallet app on Apple’s App Store drained their Bitcoin holdings, with losses totaling more than $1.8 million.…
US judge temporarily blocks Minnesota prediction market ban
The preliminary injunction allows Kalshi and Polymarket US to continue operating in Minnesota while the court considers their challenge to the state law.…
Hong Kong prepares banks for quantum threats amid tokenization push
The HKMA aims to make Hong Kong’s banking sector fully prepared for quantumrelated security risks by 2030 as the city expands tokenized finance.…
Binance phishs its own staff monthly, India censors BitChat code: Asia Express
Binance has been phishing its own staff to get ahead of potential attacks. South Korean crypto volumes tank 89% — plus all of the week’s other crypto news from…
U.S. Senate puts off crypto Clarity Act for now as it focuses limited bandwidth elsewhere
The majority leader is pursuing floor time for unrelated bills as the crypto industry waits for its policy effort to get its chance for votes. Source:CoinDesk
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Kalshi, Polymarket win pause against Minnesota's prediction market ban
A federal judge ruled that Minnesota's law criminalizing prediction markets would probably violate the federal Commodity Exchange Act. Source:CoinDesk