Arthur Hayes wagered $100,000 that Hyperliquid (HYPE) will outperform Solana (SOL) by the end of 2026, despite past criticisms from Kyle Samani of Multicoin Capital who supports Solana. HYPE recently hit a new all-time high above $73, driven by growing social interest, trading volume, and protocol revenue. Hayes maintains a $150 price target for HYPE by August 2026 and reiterated a $250,000 Bitcoin target for year-end. This bet highlights strong confidence in Hyperliquid's growth potential compared to other top cryptocurrencies.
The US government is actively negotiating to take equity stakes in AI companies like OpenAI and Anthropic ahead of their planned IPOs, following a precedent set by its investment in Intel. This move aims to give the public a share in AI-driven growth...
Trulieve Cannabis Corp. made history by becoming the first U.S. cannabis company to list on the New York Stock Exchange under the ticker TRLV. This milestone was enabled by the Trump administration's reclassification of cannabis to Schedule III for m...
Helius, a Solana infrastructure company, has acquired Light Protocol to develop advanced privacy solutions on the Solana network. The acquisition aims to integrate Light Protocol's zero-knowledge cryptography expertise with Helius's infrastructure to...
Arbitrum is set to release 92.65 million ARB tokens worth $7.6 million on June 16, a move that highlights the platform's struggle to convert network activity into token holder value. Despite strong fundamentals and high transaction volumes, Arbitrum'...
West Fraser Timber Co. Ltd. announced a quarterly dividend of US$0.32 per share on its Common and Class B Common shares. The dividend will be paid on July 13, 2026, to shareholders of record as of June 25, 2026. Shareholders have the option to receiv...
