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Hyperliquid’s HYPE Token Soars Past $1.6 Billion in Market Cap
On November 29, Hyperliquid unveiled its native token, HYPE, during a token generation event. The coin has since reached a market cap of $1.6 billion, securing 80th place in the global rankings and outpacing tokens like Jupiter, Lido DAO, and Flow.Hyperliquid Plans to Airdrop HYPE Tokens Before HyperEVM
Hyper Foundation announced the upcoming airdrop of HYPE, a native token for the Hyperliquid blockchain ecosystem. Eligible users will receive the tokens in their wallets at the Genesis Event, with the final date to review and accept the event’s terms set on November 11, 2024.
$14 Billion Crypto Scheme Creator Extradited to China
Zhang Moumou, the mastermind behind a $14 billion crypto pyramid scheme, has been extradited from Thailand to China. This event marks the first successful extradition of an economic crime suspect between the two countries since the two countries signed the extradition treaty in 1999. UEFA EURO 2024 and Football Fan Tokens
The UEFA EURO 2024 is close to its final, set for July 14. Taking place every 4 years, the event draws the attention of millions. Amid the waves of matches, football fan tokens are a topic of interest as a way of interaction between clubs and their fans. Before the tournament kicked off, most fan tokens increased in price but have fluctuated since. 
Gensler Drops Truth Bomb on Crypto: It’s More Like Gold Than Cash
On October 9, 2024, SEC Chairman Gary Gensler spoke at an event at the New York University School of Law in Manhattan. Once again, he took the opportunity to lay out the familiar crypto concerns that the SEC, under his leadership, has been raising for years.
Financial Services Committee Calls for RWA Tokenization Rules
On June 5, the U.S. Financial Services Committee hosted a public hearing titled "Next Generation Infrastructure: How Tokenization of Real-World Assets Will Facilitate Efficient Markets." The event gathered experts including lawyers, representatives from government financial institutions, and private business executives.