Hyperliquid Strategies Seeks US Futures Broker Registration for Perps

A subsidiary of Nasdaq-listed HYPE treasury company Hyperliquid Strategies has applied to become a futures commission merchant (FCM), seeking to bring Hyperliquid-based perpetual futures to the US.“Owning HYPE is how we aim to capture economics associated with the Hyperliquid protocol; setting up an FCM is how we intend to help bring markets deployed on Hyperliquid onshore,” said Hyperliquid Strategies CEO David Schamis in the company’s results for the quarter ended Sept. 30, published on Thursday.Hyperliquid’s…

United States

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Politics

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Hegseth demands 0B for military, fires back at Dem impeachment push

NEWYou can now listen to Fox News articles! War Secretary Pete Hegseth urged Congress Thursday to approve at least $350 billion in defense funding while pushing back against efforts to impeach him.In a video posted to X, Hegseth defended his Pentagon overhaul, including eliminating DEI initiatives, removing military leaders and…

Business

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Crypto Exchanges Tout Cold Storage After Binance Hack

Crypto exchanges were quick to reassure users following the attack on Binance’s hot wallet infrastructure last week, with several companies disclosing how they divide assets between cold storage and internet-connected hot wallets this week. Crypto exchange Gate on Thursday launched a “Proof of Security” (PoSEC) framework, reporting that 88.26% of its…

Lifestyle

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McDonald’s launches budget-friendly meal deals as fast food prices soar

A new batch of budget-friendly value meals is hitting McDonald’s menu. McDonald’s is introducing low-cost value meals across the U.S. after customer traffic declined and third-quarter sales were low, CEO Chris Kempczinski said Wednesday. The fast-food chain launched an eight-week pilot program in 1,900 locations to test mix-and-match and fixed-price…