ICYMI : Asia & EMEA news recap from James Hunt at The Block ๐ ๐ช Coinbase joins Hyperliquid treasury Coinbase became Hyperliquidโs official treasury deployer for USDC. ๐ Link ๐ง DeFi Dev Corp grows SOL per share The firm reported a 108% increase despite wider quarterly losses. ๐…
nk ๐ BitGo revenue surges Q1 revenue rose 112.6% year over year to $3.8B. ๐ Link ๐ CFTC eases prediction market rules A new no-action letter reduced swap reporting requirements. ๐ Link ๐ Nakamoto posts major loss A $102.5M bitcoin markdown contributed to a $238.8M quarterly loss. ๐ Link ๐ฆ BoE softens stablecoin stance Officials signaled earlier restrictions may have been too conservative. ๐ Link ๐ธ Bitcoin ETFs see heavy outflows Spot BTC ETFs lost $630.4M in a single day, the largest since February. ๐ Link ๐ฅถ T3 freezes illicit crypto Tether, TRON, and TRM Labs froze over $450M tied to criminal activity. ๐ Link ๐ Clarity Act odds questioned GSRโs Joshua Riezman put chances of passage below 50%. ๐ Link ๐ค WLFI defends Dolomite position Zak Folkman described the borrowing position as relatively small. ๐ Link ๐ CME launching crypto index futures The exchange plans to debut a new crypto futures product on June 8. ๐ Link ๐ค Upshift partners with Superstate The firms are launching a new redemption platform for tokenized RWAs. ๐ Link