Author: Kryptonews

One week after opening a contest to decide the issuer of its first native stablecoin, USDH, Hyperliquid is preparing for a validator vote on Sunday to select the winner in what has quickly become one of the industry’s most closely watched community decisions.Hyperliquid, a decentralized exchange for perpetual futures that launched its own layer-1 in November 2024, handled $330 billion in trading volume in July with a team of 11 people. USDH will serve as the platform’s first dollar-pegged asset, providing traders with a stable unit of account and collateral option within the Hyperliquid ecosystem.The vote will decide which company…

Prediction market Kalshi is violating Massachusetts’ state gambling laws, its attorney general alleged in a lawsuit Friday.Attorney General Andrea Joy Campbell alleged in a filing that sports event contracts, which Kalshi introduced in January 2025, violate the state’s sports wagering laws, which require operators to be licensed. Campbell is asking for a court to block Kalshi from offering sports prediction markets in the state without a license, as well as seeking monetary and other relief.Prediction markets have grown in popularity over the past few years, with crypto-focused companies like Polymarket and firms like Kalshi seeing immense interest over questions such…

In the second week of September, the altcoin season index reached 80 points, officially entering the acceleration phase. This is the stage when capital often flows into low-cap altcoins, even if they lack major news events. On-chain data shows that some altcoins with a market capitalization below $200 million are experiencing sharp declines in exchange reserves. This typically signals increasing accumulation. 1. Euler (EUL)Sponsored Euler (EUL) is a non-custodial, permissionless lending protocol on Ethereum. The project launched in 2020 and raised $40 million from VCs such as Paradigm and Coinbase Ventures. In 2023, the protocol suffered a hack that caused…

Ripple, a cross-border payments network, and Stellar, another blockchain-based payment system, recently reached multi-year highs, influenced by changes in the U.S. regulatory environment under Donald Trump’s administration. Although their core technologies have remained consistent, newer projects are emerging to address certain limitations. Global remittances are projected to reach nearly $5.5 trillion by 2030, driven primarily by migrant remittances and global trade. However, challenges in traditional finance continue to hinder mass financial inclusion.Digitap positions itself as a platform aiming to simplify global remittances by connecting traditional finance with crypto, with the goal of enabling more efficient and cost-effective payments. Digital payments,…

Prediction market platform Kalshi has vowed to fight a new lawsuit from the US state of Massachusetts, which accuses the company of offering unlicensed sports betting to residents.“We are proud to be the company that has pioneered this technology and stand ready to defend it once again in a court of law,” a spokesperson for Kalshi told Cointelegraph on Friday.“Prediction markets are a critical innovation of the 21st century, and all Americans should be able to access them,” Kalshi added. Kalshi is prepared to fight amid other legal challengesThe civil lawsuit, filed on Friday by the Commonwealth of Massachusetts in Suffolk…

The current cryptocurrency market is volatile, with prices of major assets like Ripple (XRP) and Bitcoin (BTC) fluctuating wildly, making it difficult for investors to achieve stable returns. To address this pain point, the global cloud mining platform TopnotchCrypto has launched a new cloud computing power contract, offering users consistent daily passive income, turning cryptocurrency from mere ‘holding’ into a reliable stream of cash flow.Start your cloud mining journey in four steps. TopnotchCrypto keeps things simple and straightforward—start earning daily income in just three easy steps: Register an accountVisit the TopnotchCrypto official website (https://topnotchcrypto.com) and register to receive a $15…

Ethereum price predictions for 2025 show ETH holding steady as investors look to its future position in decentralized finance. Solana and Ethereum can still be the focus of blockchain conversation, but attention is shifting more and more to upcoming crypto projects that tackle real-world adoption problems.  A contender gaining traction in this space is Remittix (RTX), a cross-chain DeFi project preparing to roll out its beta wallet in Q3 2025. Ethereum, Solana Prices in the Spotlight Ethereum is priced at $4,433.17, with a 2.3% daily gain, and its market capitalization at $534.74 billion. Its trading volume has increased by 37.05%…

Ethereum is navigating a turbulent phase, with price action holding around key levels while volatility and uncertainty dominate the broader market. Despite the lack of clear direction, institutional appetite for ETH continues to grow, underscoring confidence in its long-term value. One of the most notable dynamics shaping Ethereum’s outlook is the shrinking supply on exchanges, as more coins move into cold storage and long-term holdings. This trend signals reduced sell pressure and reinforces the narrative of accumulation beneath the surface. Related Reading Fresh data from Arkham adds weight to this view. According to their latest report, three newly identified whale…

Boundless is the 39th project that has been presented on Binance HODLer Airdrops.About Boundless (ZKC)Boundless (ZKC) is a ZK protocol revolutionizing blockchain scalability and verifiable compute, developed by the team behind RISC Zero. As a decentralized marketplace, it enables any blockchain or application to access off-chain ZK proofs for heavy computations, such as rollup upgrades, DeFi risk assessments, and privacy-preserving transactions, without architectural overhauls.By leveraging RISC Zero’s zkVM, Boundless turns compute into a financial asset, allowing provers—also known as miners—to bid on tasks using CPUs or GPUs, stake ZKC tokens as collateral for timely delivery, and earn rewards via the…

While mainstream financial analysts often panic in the face of crypto volatility, savvy contrarian investors see what others miss: outsized opportunity hiding within the chaos. An astonishing real-world example is the story of a crypto trader who turned a relatively modest investment of $125,000 into a staggering $43 million, all by betting early and staying true to their convictions about Ethereum (ETH). This high-risk, high-reward play isn’t just a textbook case of timing the market — it’s a masterclass in foresight, conviction, and the potent upside potential found uniquely in the crypto asset class.The $43 Million Bet: An Ethereum MasterstrokeIn…