Category Industry

Meta unveiled Petal, a US-France subsea cable with 1 petabit per second capacity, doubling current systems. The 7% META jump highlights how petabit bandwidth will strengthen crypto trading, validator synchronization, and institutional infrastructure ahead of its expected 2028 launch.

The SEC's five-year Innovation Exemption permits real tokenized NMS spot stocks via permissioned AMMs. It doesn't legalize Hyperliquid perps, but could enable compliant Hyperliquid tokenized stocks on HyperEVM, unifying spot and perps to boost TVL, institutional adoption, and HYPE utility.

Hyperliquid's total value locked surged to $6.76 billion in 2026, overtaking Arbitrum to become a leading Layer 1. The milestone reflects explosive growth in perpetual trading, rising user demand, and increasing confidence in its high performance custom built blockchain ecosystem today.

Coinbase has filed to list single stock perpetual futures in the US, bringing 24/5 exposure to individual equities. The move expands its regulated perps market and could reshape US derivatives, pending regulatory review, contract details, and broader market adoption.

Column has added native stablecoin support to its banking core, letting fintechs access Column USDC payments alongside cards, wires, ACH, Swift and RTP via one API. Processing tens of billions annually, the move signals stablecoins becoming core dollar infrastructure alongside recent bank launches like U.S. Bank's USBDC.

The Bank of Japan hiked its policy rate to 1.25% in a 7-2 vote, the highest since 1995, citing moderate recovery despite Middle East weakness and inflation nearing 2%. The shift ends cheap-yen funding, tightening liquidity for crypto leverage, ETFs, exchanges and stablecoins.

After the Senate's 49-50 failure to advance the CLARITY Act, CFTC Chairman Michael Selig called the outcome unfortunate and said the CFTC is locked in and ready to ship crypto market-structure rules, shifting US crypto regulation decisively from Congress to agency-led rulemaking.

Fundstrat's Tom Lee calls the Fed's September 16 meeting a pivot point, arguing stocks rally whether the Fed hikes or holds. Lower 10-year yields, bearish sentiment, and fading inflation could fuel risk assets, including Bitcoin.

Coinbase expands its Morpho-powered USDC lending to Brazil and Canada, offering up to 7.4% variable APY with no lock-up. Using audited vaults on Base curated by Steakhouse, the move turns idle USDC into active onchain credit amid surging institutional DeFi lending.