HIP-4 introduces outcome contracts, a general-purpose primitive for prediction markets and binary options, natively integrated into Hyperliquid’s L1.
The initial release features recurring daily Bitcoin price binary markets, recording over 6 million contracts and 4,000 unique traders on day one.
Unlike perpetuals, these contracts are fully collateralized with no leverage or liquidation risk, utilizing a unified margin account system.
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Kraken Parent Payward Completes Bitnomial Acquisition
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Payward completes acquisition of Bitnomial, unlocking CFTC-regulated derivatives on Kraken and NinjaTrader platforms.
Deal provides full suite of licenses: Futures Commission Merchant, Designated Contract Market, and Derivatives Clearing Organization.
Rollout begins with spot margin services, followed by perpetuals and options for eligible U.S. users.
Payward, the parent company of cryptocurrency exchange Kraken, has...
Coinbase Signals Breakthrough on Stablecoin Yield Rules, Paving Way for Senate Markup
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Coinbase has reportedly reached an agreement with lawmakers over controversial yield-bearing provisions in the stablecoin bill.
The deal addresses how yield from reserve assets is treated, a primary friction point that has stalled the Clarity for Payment Stablecoins Act.
The breakthrough clears a major hurdle for the Senate Banking Committee to finally move toward a formal markup of the legislation.
Coinbase, the leading U.S....
Ethereum Foundation Divests $47 Million in ETH to Treasury Giant BitMine
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The Ethereum Foundation sold 10,000 ETH to BitMine Immersion Technologies on Friday, marking its third major OTC deal with the firm.
Total sales to BitMine have reached approximately $47 million over the last seven days to fund protocol R&D and ecosystem grants.
BitMine, led by Tom Lee, has emerged as the world’s largest corporate ETH holder with nearly 5 million ETH in its treasury.
The Ethereum Foundation has significantly increased...
Tether Posts $1.04 Billion Q1 Profit
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Profit milestone: Tether generated $1.04 billion in net profit for Q1 2026 ending March 31.
Reserve record: Excess reserves climbed to $8.23 billion, an all-time high.
Asset breakdown: Total assets reached approximately $192 billion against $183.5 billion in liabilities, primarily from ~183 billion USDT in circulation.
Key holdings: Reserves include $141 billion in U.S. Treasuries, $20 billion in physical gold, and $7 billion in...



