Binance founder Changpeng Zhao praised Hyperliquid's technology but criticized its governance, noting that despite marketing as a decentralized exchange, it is controlled by a small team with 24 validators and the Hyper Foundation holding 60% of the stake. This concentrated control raises concerns about regulatory risks, especially since Hyperliquid operates without Know Your Customer (KYC) requirements and handles billions in daily trading volume. Zhao's caution stems from his experience with regulatory fines and compliance issues at Binance, suggesting investors should be wary of the platform's governance model.
AI/R, a technology company specializing in Agentic AI, has deepened its partnership with Databricks, achieving Gold partner status and expanding its certifications from 11 to over 100. This growth enables AI/R to deliver advanced AI and data solution...
New long-term data from the ADjoin trial shows that lebrikizumab, an injectable treatment for moderate to severe atopic dermatitis, maintains skin clearance and reduces itching for up to 2 years even with monthly dosing instead of biweekly. About 76%...
Greystone, a national commercial real estate finance company, has appointed Joshua Rosen as Senior Managing Director to focus on originating loans for seniors housing and healthcare sectors. Based in Chicago, Rosen brings extensive experience from Wa...
Brodsky & Smith LLC announced investigations into the merger agreements of Apogee Therapeutics, Roku, TruBridge, and Organon. Each investigation questions whether the respective company boards fulfilled their fiduciary duties by ensuring a fair proce...
Brodsky & Smith LLC has announced investigations into the merger agreements of Arcosa, Fathom Holdings, Nuvalent, and Dana Incorporated. These investigations focus on whether the respective company boards breached fiduciary duties by failing to ensur...
