9h ago
Winklevoss-backed Cypherpunk shifts focus to cancer drug after $37.8M net loss in H1 2026
Winklevoss-backed Zcash treasury firm Cypherpunk Technologies posted a $37.8 million net loss for the first half of 2026 and said it will pivot its focus to its cancer drug candidate. The company’s ZEC holdings are valued at about $157 million, bought at an average cost of $341.84 versus a current ZEC price of $486. Despite that, Nasdaq traders value the company at roughly $74 million, while the stock is down 40% this year and 96% over the past five years.
9h ago
10h ago
Tron Inc. routes nearly 90% of assets into uninsured JustLend sTRX as holdings top 709.4 million TRX
Tron Inc.’s latest disclosure shows its balance sheet is heavily concentrated in TRX. As of June 30, the company held $233.8 million of TRX and staked TRX—more than 91% of total assets—with nearly 90% held as sTRX via the JustLend protocol, leaving it directly exposed to protocol risk. The company also continued adding TRX at an average price of $0.3357, bringing cumulative holdings above 709.4 million TRX. Separately, TRON founder Justin Sun is pursuing a U.S. listing via an SRM reverse-merger transaction.
TRX
TRX+0.56%
10h ago
11h ago
Hyperliquid seeks CFTC route into U.S. perpetual futures market
Hyperliquid is working with the U.S. Commodity Futures Trading Commission (CFTC) to find a compliant path into the U.S. perpetual futures market. About 32% of the platform’s second-quarter trading volume was tied to stocks and other real-world assets, potentially putting parts of its business under both CFTC and U.S. Securities and Exchange Commission (SEC) oversight. HYPE was trading at $55.80 per token. The push is aimed at expanding U.S. operations while navigating the risk of overlapping regulation.
HYPE
HYPE+3.60%
11h ago
12h ago
Sui plans NIST-standard quantum-safe accounts, targets mainnet rollout in 2026–2027
Sui plans to add an ML-DSA-65 signature option that follows NIST’s FIPS 204 standard as a native feature for regular accounts, while deploying SLH-DSA-SHA2-128s via Move smart contracts for high-value vaults. Quantum-safe vaults are expected to reach mainnet during 2026, with native ML-DSA-65 accounts targeted for testnet before the end of the year and mainnet account authentication in the first quarter of 2027. The network says it is preparing for a “harvest now, forge later” threat, in which attackers stockpile public-key data for future quantum attacks.
SUI
SUI-0.96%
12h ago
12h ago
Bank of England selects Polygon Labs for Digital Pound Lab Phase 2 testing
The Bank of England’s Digital Pound Lab has entered Phase 2 and selected Polygon Labs, NOBO Finance and business data provider Dun & Bradstreet to run the next round of tests. The three firms will explore how a central bank digital currency and private stablecoins could work together in cross-border trade. The tests will examine how different parts of the same transaction can be settled separately to assess efficiency and interoperability in real-world trade settlement.
POL
POL-1.33%
12h ago
12h ago
Nasdaq ISE proposes SEC rule change to broaden digital commodity ETF options under $700M market-value threshold
Nasdaq ISE has filed a proposed rule change with the U.S. SEC aimed at standardizing how options on digital commodity ETFs are listed. Under the proposal, qualifying options could be listed without additional SEC approval for each product. It would also allow up to 15% of a basket to include digital commodities that do not meet the derivatives-market requirement, while requiring each digital commodity to clear a $700M+ average daily global market value threshold. Nasdaq would rename “crypto asset” as “digital commodity” and explicitly distinguish digital commodities from securities, a move framed as part of Wall Street’s effort to build standardized infrastructure for a new asset class.
BTC
BTC-0.31%
12h ago
16h ago
MoneyGram to Use Solana Network to Boost DeFi Liquidity
MoneyGram said it will use Solana’s high throughput and low-latency network to support liquidity growth in decentralized finance (DeFi). The company aims to improve the efficiency of cross-border payments and DeFi applications by relying on Solana’s faster processing speeds. It said the effort is intended to provide users with quicker, lower-cost financial services. The move underscores deeper integration between traditional finance and blockchain technology, giving Solana a notable commercial use case as a base-layer chain.
SOL
SOL-0.66%
16h ago
23h ago
ENS shifts control of a $65 million fund to the ENS Foundation and restructures its DAO
The ENS project said it will transfer control of a $65 million fund to the ENS Foundation while restructuring its decentralized autonomous organization (DAO). The move is intended to improve governance and increase transparency in fund management and community participation. The fund transfer is framed as a step toward greater decentralization within the ENS ecosystem, while the DAO overhaul aims to strengthen governance efficiency and decision fairness.
ENS
ENS-2.88%
23h ago