Bitwise Set to Launch Hyperliquid (HYPE) ETF

The launch comes only days after another HYPE ETF, 21Shares’ THYP, started trading, racking up $1.8M on its debut. Asset manager Bitwise is set to launch an exchange-traded fund tracking Hyperliquid’s native HYPE token. The ETF will start trading on May 15 under the ticker BHYP on the New York Stock Exchange (NYSE). Capitalizing…

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Visa and WeFi test “on‑chain banking” for stablecoin spending

Visa’s WeFi pilot lets self‑custodied stablecoins fund everyday card payments across Europe, Asia and Latin America. Summary Visa is partnering with DeFi‑native platform WeFi to pilot stablecoin‑based payments and “on‑chain banking” services across selected markets in Europe, Asia and Latin America. The collaboration aims to make self‑custodied stablecoin balances spendable anywhere Visa is accepted, with…

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ZachXBT Says 95% of LAB Token Is Insider-Controlled as Investigation Exposes Multi-Front Retail Rug – Bitcoin News

Key Takeaways ZachXBT alleges LAB insiders control over 95% of supply and coordinated a 350% pump to a $6B FDV using Bitget infrastructure. The investigation exposes four simultaneous retail extraction methods: OTC loans at 7.5%/month, vesting changes, unpaid marketing rewards, and an opaque market-making deal. ZachXBT posted a $10,000 bounty on LAB founder Vova Sadkov…

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