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Decentralized exchange Hyperliquid has submitted formal comments to the US CFTC supporting 24/7 perpetual derivatives trading. Hyperliquid, a decentralized perpetuals exchange operating on its own layer-1 blockchain, has submitted formal comments on 24/7 derivatives trading to the United States Commodity Futures Trading Commission (CFTC). In a May 23 X post, Hyperliquid Labs announced that it…
Crypto.com has secured a MiFID license to offer regulated crypto derivatives in the European Economic Area, expanding its presence in Europe following earlier MiCA approval. Mobile-first crypto exchange and payment platform Crypto.com secured a license allowing it to offer cryptocurrency financial derivatives in the European Economic Area. According to a May 21 announcement, Crypto.com secured…
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. Startup news this week was fairly routine — in a good way: Aside from a minor kerfuffle between Y Combinator and Google, there was no headline-grabbing drama….
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week was low on M&A and IPO news, but there was still some drama to follow, if that’s your thing — and more importantly, some worthy…
KuCoin CEO BC Wong told Cointelegraph that some regulators might be using regulation to drive away global players and pave the way for domestic trading platforms. Crypto exchange KuCoin said that it may reenter South Korea after its platform was blocked in the country. On March 21, South Korean regulators ordered Google Play to block…
Blink and you’ll miss it: A startup out of Finland is taking a new look at the market for prescription eyewear. Tapping into innovations in eye-tracking and liquid crystal lens technology, IXI is building low-power glasses that will invisibly and automatically adjust to account for a wearer’s presbyopia (far-sightedness). Four years into its life, Helsinki-based…
Supporting super-early stage entrepreneurs in Europe seems to be suddenly in vogue. Back in March, “Project Europe” was launched to great fanfare by podcaster and VC Harry Stebbings with a small $10 million fund to back founders aged only 25 and under, riffing on the ‘Peter Thiel Fellowship’ model of old. Now a new fund…
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week confirmed that deals can still happen in a troubled world, but price considerations and adjustments are now part of the picture. Most interesting startup stories…
Geopolitical pressures are accelerating a demand in many countries and regions to reshore — that is, to redevelop critical industry infrastructure, and to bring back businesses, which had moved or outsourced some or all of their industrial operations to cheaper countries further away. But that is easier said than done. In the key area of…
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week brought us mixed messages. A fresh IPO filing, but a bleak outlook for exits overall. New funding rounds, but founders frustrated over lack of capital….