Regulation

As of June 30, Hyperliquid Strategies has sold around $647 million worth of shares, according to its recent filings. Source: www.theblock.co Read Full Story

The Nasdaq-listed company intends to use the proceeds to acquire more Solana and crypto-related investments. Source: www.theblock.co Read Full Story

As part of the agreement, rival prediction market platforms are reportedly barred from advertising at the tournament and on its ESPN broadcasts. Source: www.theblock.co Read Full Story

The affected tokens make up about 4% of FOGO’s genesis supply and were worth about $3 million at the time of the incident.  Source: www.theblock.co Read Full Story

An appeals court sided with a lower court’s ruling that Kalshi failed to show that the federal government preempts Nevada’s authority. Source: www.theblock.co Read Full Story

The S-4 registration statement is for Evernorth’s merger with SPAC firm Armada, through which it seeks a Nasdaq listing. Source: www.theblock.co Read Full Story

Still, StarkWare says Bitcoin needs a protocol-level upgrade to make it fully safe from quantum computing threats. Source: www.theblock.co Read Full Story

LayerZero has announced ATLAS, new exchange infrastructure built on its Zero blockchain for trading platforms and financial institutions. Source: www.theblock.co Read Full Story

Dillman faces a maximum penalty of 20 years and a $250,000 fine for each count of conviction, according to the DOJ. Source: www.theblock.co Read Full Story

Term vault proposals face a seven-day delay and can be vetoed by liquidity providers, yet those controls apparently did not stop the exploit. Source: www.theblock.co Read Full Story