Crypto exchange Coinbase (COIN) made a major move for the Hyperliquid (HYPE) ecosystem on Thursday, outlining how it plans to deepen support for Circle’s USDC stablecoin on the platform. In a blog post, Coinbase said it is expanding its role by becoming the official treasury deployer of USDC on Hyperliquid, treating USDC as an Aligned […]
The post Bitget Wallet Launches Free API Platform for Web3 Developers appeared on BitcoinEthereumNews.com.
Bitget Wallet, the native crypto wallet of the famous crypto exchange Bitget, is launching the latest API Platform. The launch indicates a crucial move toward boosting the decentralized trading framework for Web3 builders. As Bitget Wallet revealed in its official social media announcement, the new project is already processing over $20M in cumulative daily trading volume ahead of the full-scale launch. Additionally, the exclusive release unveils many upgrades, such as Hypercore and HyperEVM support, cross-chain APIs, stronger broadcast infrastructure, faster chain query, and gas sponsorship. Bitget Wallet API Platform is now officially live! Already processing 20m+ in daily aggregated trading volume, this week's upgrades include:> HyperEVM + Hypercore support> Gas sponsorship> Crosschain APIs> Faster chain queries & broadcast infra Builders & devs can now apply… — Bitget Wallet �
The post Coinbase stock surges 8% as CLARITY Act advances appeared on BitcoinEthereumNews.com.
Coinbase stock surged 8% after the Senate Banking Committee advanced the CLARITY Act in a 15 to 9 bipartisan vote. Summary Bitcoin hit $82,000 following the committee vote before retreating to $81,500, up 2.5% on the day. Strategy climbed 7% and Bitmine advanced 5.6%, with broader crypto equity gains extending to Nasdaq and S&P 500 record highs. The bill still requires a full Senate vote with a 60-vote threshold and reconciliation with a House-passed version before it can reach the White House. The Senate Banking Committee passed the Digital Asset Market Clarity Act on May 14 by 15 votes to 9, with support from two Democratic senators providing the bipartisan margin that moves the bill toward the full Senate. Coinbase CEO Brian Armstrong had backed the current version of the bill ahead of the vote, calling it “closer than ever” to becoming law and describing the stablecoin yield compromise as
The post Blockchain.com rolls out crypto backed loans for Bitcoin, Ethereum, and USDC holders appeared on BitcoinEthereumNews.com.
Blockchain.com launched Crypto Backed Loans globally, allowing users to borrow against their digital assets without selling them. The product lets clients use Bitcoin, Ethereum, and USDC as collateral to access liquidity for large expenses, including property purchases, business investments, tax planning, and other financial needs. Blockchain.com said loan rates start as low as 1.9% per year, positioning the offer among the more competitive products in the crypto lending market. The launch expands Blockchain.com’s consumer and wealth business and comes as the crypto-backed lending market has surpassed more than $70 billion. The company said the product is available globally and is designed for large crypto holders seeking competitive pricing, higher borrowing capacity, and a premium client experience. CEO and founder Peter Smith said crypto-backed lending h
The post HashKey Exchange Lists Hyperliquid (HYPE) for Professional Investors appeared on BitcoinEthereumNews.com.
Professional investors in Hong Kong now have a regulated route into Hyperliquid’s on-chain perpetual futures market. HashKey Exchange, the licensed platform operated by HashKey Holdings (3887.HK), added Hyperliquid’s native token HYPE on May 14 and immediately began offering over-the-counter (OTC) trading for the token to its professional client base. The move, detailed in the original report, places a high-throughput trading asset inside a compliance framework that many institutions prefer over unregulated offshore venues. Hyperliquid is a Layer 1 blockchain purpose-built for on-chain order book perpetual futures and spot trading. HYPE itself pays for transaction fees and grants holders protocol governance rights. Regulated Access to a Derivatives-First Network The listing fits a pattern: regulated exchanges are quietly building bridges to derivative-heavy protocols that
Osero's funding and innovative approach could reshape DeFi by enhancing stablecoin yield options, potentially attracting more mainstream adoption.
The post Osero raises $13.5M led by Sky Ecosystem to build stablecoin savings on Plasma appeared first on Crypto Briefing.
Coinbase stock surged 8% after the Senate Banking Committee advanced the CLARITY Act in a 15 to 9 bipartisan vote. The Senate Banking Committee passed the Digital Asset Market Clarity Act on May 14 by 15 votes to 9, with…
The post Coinbase Takes Over USDC Treasury Deployer Role on Hyperliquid, Phases Out Native USDH Stablecoin appeared on BitcoinEthereumNews.com.
Hyperliquid’s native stablecoin is on its way out. The decentralized perpetuals exchange has chosen Coinbase as the official treasury deployer for USDC, a move that sidelines the platform’s own USDH token and hands a major plumbing role to a centralized entity. For a venue that built its reputation on permissionless leverage trading, the decision creates a clear trade-off: deeper liquidity and institutional alignment for a piece of on-chain governance. According to the original report, Native Markets has already agreed to terms allowing Coinbase to purchase the USDH brand assets. The USDH market will be phased out over an unspecified timeline, effectively making USDC the primary stablecoin for collateral and settlement on Hyperliquid. The shift gives Coinbase direct exposure to treasury management inside one of the most actively used derivative
The post Coinbase Named Official USDC Treasury Operator For Hyperliquid, Increases Staked HYPE Position appeared on BitcoinEthereumNews.com.
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Home Crypto News Coinbase Named Official USDC Treasury Operator for Hyperliquid, Increases Staked HYPE Position
Source: https://bitcoinworld.co.in/coinbase-hyperliquid-usdc-treasury-operator/