Category: Reviews

Hyperliquid’s S&P 500 perpetual tops $100 million in daily volume after licensed launch

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Hyperliquid’s newly launched S&P 500 perpetual contract topped $100 million in 24 hour trading volume within days of its debut, quickly becoming one of the blockchain’s 10 largest markets. The early surge points to strong demand for 24/7 onchain access to traditional assets. The market was launched through a licensing deal between Trade[XYZ] and S&P Dow Jones Indices, which described the product as the first and only officially licensed perpetual derivative based on the S&P 500 and powered by institutional grade index data. The launch adds to the rapid rise…

Tom Lee-backed Eightco doubles down on OpenAI as total stake hits $90 million

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Eightco Holdings (ORBS), a Nasdaq-listed company backed by Bitmine Chairman Tom Lee, is deepening its bet on OpenAI. The company said Friday it had made an additional $40 million commitment, taking its total stake to $90 million. Eightco (NASDAQ: ORBS) Invests Additional $40 Million into OpenAI, Bringing Total OpenAI Investment to $90 Millionhttps://t.co/0oJC0E71gx pic.twitter.com/5MKbhM6k7K — Eightco Holdings, Inc. (@Eightcoholdings) March 20, 2026 The stake now makes up about 30% of Eightco’s total treasury. The company also backs Beast Industries, the media enterprise led by YouTube creator MrBeast. Eightco CEO Kevin…

Bluesky discloses $100 million Series B as user growth tops 43 million

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Bluesky has disclosed a previously unannounced $100 million Series B round led by Bain Capital Crypto, a raise that was closed in April 2025 and is only being revealed now as the company enters a leadership transition. The round included Alumni Ventures, True Ventures, Anthos Capital, Bloomberg Beta, and the Knight Foundation. It follows Bluesky’s $15 million Series A in October 2024 and an $8 million seed round in 2023, bringing total disclosed funding to roughly $123 million. Bluesky did not disclose an updated valuation. The funding was announced about…

Ledger taps ex-Circle exec to lead finance ahead of potential US IPO

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Ledger, the Paris-based crypto security firm known for its hardware wallets, has named John Andrews as its new Chief Financial Officer and launched a New York office in major steps to accelerate its US growth. A seasoned finance executive with roots in Wall Street, Andrews previously led investor relations and capital markets at Circle, where he was instrumental in advancing the company’s public listing ambitions. In his new role, he will support Ledger’s expansion amid growing demand from banks and asset managers. “His deep experience at the intersection of traditional…

Hot inflation and a hot war keep markets on edge

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Two things that markets absolutely hate showed up at the same time this week: sticky inflation and military conflict near the world’s most important oil chokepoint. The result has been predictably ugly across every asset class, with crypto’s Fear and Greed Index plunging to 11 — deep into “Extreme Fear” territory — while the S&P 500 tracks its fourth consecutive weekly decline. The macro picture is getting worse, not better The Federal Reserve revised its 2026 rate cut outlook down to just a single reduction, citing core inflation running at…

Bitcoin whale awakens after 14 years, sitting on $148 million windfall

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An early Bitcoin holder controlling 2,100 BTC worth $148 million has resurfaced after 14 years of inactivity and moved a small fraction of the stash, according to data tracked by Lookonchain. A whale wallet 1NB3ZX, holding 2,100 $BTC($148M), woke up after 13.7 years of inactivity and transferred out 0.00079 $BTC($56). This whale received 2,100 $BTC on July 5, 2012, when $BTC was just $6.59. Now sitting on ~$148M in profit — a 10,710x return.… pic.twitter.com/ba6vygF7Kg — Lookonchain (@lookonchain) March 20, 2026 The wallet, identified as 1NB3ZX, sent about $55 worth…

Coinbase unveils 24/7 stock futures for global traders in derivatives push

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Coinbase now lets global traders gain continuous, leveraged exposure to major US stocks using perpetual futures, expanding beyond crypto into traditional assets while targeting demand for 24/7 trading. The stock market closes. These don’t. Stock perpetual futures are now live for:$AAPL$MSFT$GOOGL$AMZN$NVDA$META$TSLA$SPY$QQQ Now trading 24/7 for eligible traders outside the US. Read more: https://t.co/EeLpluhtxa pic.twitter.com/AvRN11X9Bh — Coinbase Markets 🛡️ (@CoinbaseMarkets) March 20, 2026 The new product covers seven technology stocks, including Apple, NVIDIA, Tesla, Microsoft, Amazon, Alphabet, and Meta, along with ETF perpetual futures. The contracts settle in USD Coin (USDC),…

Amazon develops Transformer phone, its first since 2014 Fire Phone

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Amazon is working on a new phone, internally called “Transformer,” to accelerate user engagement with its AI assistant Amazon Alexa, Reuters reported Friday. The device is conceived not as a conventional competitor to Apple or Samsung handsets but as a personalization interface designed to keep consumers tied to Amazon’s ecosystem of services. It may rely on AI to reduce or even replace traditional apps. The project is still in development and could take different forms, including a standard smartphone or a “dumbphone,” possibly used as a secondary device. It is…

World Gold Council plans to build shared infrastructure platform for digital gold

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The World Gold Council (WGC), a London-based industry body established to promote gold markets on behalf of leading mining companies, has proposed “Gold as a Service,” a shared infrastructure that connects physical gold custody with digital issuance and management. The initiative aims to make it much easier for companies to launch gold-backed products by providing a ready-made, trusted system instead of building everything from scratch, as noted in a whitepaper co-authored with Boston Consulting Group (BCG). With “Gold as a Service,” WGC wants to reduce complexity when it comes to…

Kalshi doubles valuation to $22 billion with new $1 billion raise

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Kalshi has raised more than $1 billion at a $22 billion valuation in a new financing round led by Coatue Management, the Wall Street Journal reported. The deal roughly doubles the company’s valuation from its $11 billion December raise and shows investors are still willing to pay up for exposure to the prediction market boom. The timing matters because prediction markets are no longer a niche side bet in crypto and fintech. Data cited by Artemis shows the sector processed roughly $27 billion in January 2026 and $23.4 billion in…