Ryan Myher, co-founder of Genius, stated that Genius is essentially a terminal for trading encrypted assets, and points are additional benefits obtained during trading. The platform will adjust the point rules based on actual situations. In response to recent community dissatisfaction, Ryan Myher stated that the amount of points distributed has decreased with the decrease in terminal transaction volume, and emphasized that Genius is a long-term operational project.
Bitget CEO Gracy Chen stated that based on evidence of IP addresses associated with VPNs used by North Korean hacker groups, North Korean hackers may be responsible for the $352 million theft at Bitget.
The wallet 0x6436 associated with Hyperliquid Strategies Inc has purchased 494200 HYPEs worth $45.8 million in the past 16 hours. In the past month, the wallet has purchased a total of 5.51 million HYPEs worth $476 million, with an average daily purchase volume of 183600 HYPEs worth $15.86 million. Hyperliquid Strategies Inc currently holds 35.1 million HYPEs worth $3.2 billion.
Coinbase, Mastercard, Shopify, Stripe, and Visa, as initial founding partners, invested in Open Standard and provided over $1 billion in startup liquidity for its stablecoin, Open USD, which targets banking, cross-border payments, settlements, and institutional trading scenarios. Zach Abrams was appointed as the CEO of Open Standard.
The US Commodity Futures Trading Commission updates its cryptocurrency guidelines
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The US Commodity Futures Trading Commission has updated its cryptocurrency guidelines, allowing registered companies to invest customer funds in tokenized assets and use blockchain for record keeping.