1h ago
Arthur Hayes details why many crypto tokens decline, citing Hyperliquid’s 97% buyback model
On 28 May 2026, Arthur Hayes argued that many crypto tokens are designed to weaken after launch because protocol-generated revenue typically does not flow back to token holders. He also said VC-backed TGEs can create persistent sell pressure as unlocks and vesting schedules increase supply, while Hyperliquid allocates 97% of revenue to buying back HYPE from the open market.
BTC
BTC-3.34%
1h ago
1d ago
UK adds HTX (Huobi Global S.A.) to Russia sanctions list on May 26, 2026
On May 26, 2026, the UK placed HTX—listed as Huobi Global S.A.—on its Russia sanctions list as part of an 18-designation package, triggering an immediate asset freeze and a ban on UK financial services access. The measures prohibit UK banks, payment firms and UK-based virtual asset service providers from transacting with or providing correspondent services to HTX, while Exmo Exchange, Rapira, Bitpapa and Eurasian Savings Bank were also sanctioned. The move follows FCA High Court action launched in February 2026 over alleged illegal promotion of crypto services to UK consumers.
BTC
BTC-3.34%
1d ago