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Crypto

Ripple CEO says U.S. is close to finishing crypto rules, within reach of becoming global crypto capital

Ripple CEO Brad Garlinghouse said the United States is nearing the final stage of overhauling cryptocurrency regulation and could rise as a global crypto hub. He made the remarks on X after CFTC Chair Michael Selig referenced an Aug. 19 White House meeting with President Donald Trump and industry figures. Attention is turning to a Senate vote on the Clarity bill set for Sept. 15, though disagreements remain over several provisions.

Crypto

Polymarket launches 67 perpetual futures contracts

Blockchain-based prediction market Polymarket has started perpetual futures trading that lets users bet on prices of cryptocurrencies, stocks and commodities. It launched Polymarket Perps for international users with 67 contracts, including Bitcoin, Ether, Tesla, Nvidia, Samsung Electronics, gold, silver, crude oil, the S&P 500 and the Nasdaq 100. U.S. users are blocked. First-day trading totalled about $73 million, well below Hyperliquid’s daily volume of about $7 billion.

Crypto

North Korea\'s Lazarus suspected of cashing out $30 million in bitcoin, raising U.S. regulatory risks

Wallets assessed to be linked to North Korea\'s Lazarus group are suspected of selling more than $30 million in bitcoin on decentralised derivatives platform Hyperliquid over the past three weeks. The funds were then converted into ether and solana and moved to centralised exchanges including Kraken, LBank and KuCoin. The activity comes as Hyperliquid pursues U.S. market entry, putting sanctions and anti-money laundering issues in focus.