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UK FCA warns Hyperliquid for unauthorized crypto services as its token surges 101% in 2024

Market News
05 Jun 2026
Blockonomi
View Source
Bearish
UK FCA warns Hyperliquid for unauthorized crypto services as its token surges 101% in 2024

The UK Financial Conduct Authority (FCA) issued a warning on May 21 against Hyperliquid and Hyper Foundation for potentially offering financial services in the UK without authorization. Hyperliquid, a decentralized platform for crypto perpetual futures, has generated $255 million in revenue in 2024, with its HYPE token rising 101% by May 20. The FCA's alert highlights regulatory concerns over offshore crypto derivatives platforms operating in the UK. Meanwhile, U.S. officials and exchange leaders, including CME CEO Terry Duffy, have expressed worries about crypto perpetual futures products, calling them risky and questioning regulatory approvals. This regulatory scrutiny comes as the U.S. CFTC recently approved Bitcoin perpetual futures for Kalshi, signaling a cautious move toward regulated crypto derivatives.

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Roche unveils pivotal cancer drug data at ESMO 2026, highlighting advances in lung and breast cancer treatments.

Roche unveils pivotal cancer drug data at ESMO 2026, highlighting advances in lung and breast cancer treatments.

At ESMO 2026, Roche presented key Phase III trial results showcasing significant advances in cancer treatment. Divarasib demonstrated superior efficacy over first-generation KRAS G12C inhibitors in advanced lung cancer, potentially setting a new stan...

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Bullish
52 minutes ago
Red Cat offers €39/share to acquire Steyr Motors, boosting its maritime defense tech and Austrian growth.

Red Cat offers €39/share to acquire Steyr Motors, boosting its maritime defense tech and Austrian growth.

Red Cat Holdings announced a voluntary public purchase offer to acquire all outstanding shares of Steyr Motors AG at €39 per share in cash, representing a significant premium over recent prices. The acquisition aims to strengthen Red Cat's Blue Ops u...

Company Fundamentals
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Telix and Ekalia partner to produce astatine-211 in the U.S. for advanced cancer therapies

Telix and Ekalia partner to produce astatine-211 in the U.S. for advanced cancer therapies

Telix Pharmaceuticals and Ekalia have teamed up to establish U.S.-based production of astatine-211, a rare alpha-emitting isotope used in targeted alpha therapy for cancer. This collaboration combines IBA's cyclotron technology, Framatome's nuclear e...

Market News
Bullish
4 hours ago
Ekalia and Telix partner to boost Astatine-211 production for cancer therapies in the US

Ekalia and Telix partner to boost Astatine-211 production for cancer therapies in the US

Ekalia, a joint venture between IBA and Framatome, has partnered with Telix Pharmaceuticals to accelerate the production of Astatine-211, a promising alpha-emitting radioisotope used in targeted cancer therapies, in the United States. The collaborati...

Market News
Bullish
4 hours ago
Hayati® partners with elrow at Edinburgh Festival, launching immersive "TURN UP WITH HAYATI®" activation

Hayati® partners with elrow at Edinburgh Festival, launching immersive "TURN UP WITH HAYATI®" activation

Hayati®, a UK-based technology and vaping brand, partnered with elrow at the Edinburgh Festival to launch the "TURN UP WITH HAYATI®" activation. This collaboration featured a dedicated space with interactive activities, special festival edition produ...

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Neutral
4 hours ago
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