Hyperliquid has used over $1.16 billion in trading fees to continuously buy back its HYPE token, fueling its price rise to an all-time high above $62 in May 2026. The protocol’s Assistance Fund reinvests nearly 99% of revenue into open-market purchases, operating independently of market sentiment. However, quarterly buybacks have dropped about 40% from Q3 2025 to Q1 2026, even as HYPE prices climbed, raising concerns that a decline in trading volume could reduce buyback support when holders need it most. This volume-dependent mechanism means investors should be cautious, as falling trading activity could weaken the price support structure beneath HYPE.
C-Lingo, a Hong Kong-based company, introduced a new AI-driven platform on May 23, 2026, to transform Chinese language education in Vietnam. The platform uses a unique "Connected Learning" model combining AI personalization and gamification to enhanc...
The Pentagon has informed Japan that delivery of 400 Tomahawk cruise missiles, ordered in 2024 under a $2.35 billion deal, will face delays of up to two years. This is due to the US military prioritizing replenishment of missile stockpiles heavily us...
Uber Technologies Inc. has made a full takeover offer for Delivery Hero at €33 per share, slightly below Delivery Hero's recent closing price. Prior to the offer, Uber increased its stake in Delivery Hero from about 7% to 19.5%, becoming the largest ...
Bitcoin fell to $74,190, its lowest in over a month, following Kevin Warsh's appointment as Federal Reserve Chair. Despite Warsh's pro-crypto stance, his hawkish approach to inflation and potential rate hikes is pressuring risk assets like Bitcoin. W...
Bank of America disclosed about $53 million in crypto ETF holdings in its Q1 2026 13F filing, with BlackRock’s iShares Bitcoin Trust (IBIT) as the largest position at around $37 million. The bank increased its Bitcoin ETF exposure while reducing allo...
