Daily crypto news digest covering Hyperliquid protocol updates, HYPE's entry into a U.S. ETF, Kraken IPO delay, derivative listings, and a Ledger data breach lawsuit.
DeFi & Yields ·
Hyperliquid announced plans to introduce optional permissioned market functionality through an upgrade to HIP-3, enabling market deployers and sub-deployers to manage onchain whitelists that restrict participation in specific markets. The feature, designated HIP-3*, is designed as a voluntary extension that leaves existing markets unaffected and is already undergoing testing on testnet. According to Hyperliquid, the capability aims to assist deployers in complying with applicable regulatory requirements.
In index and exchange developments, HYPE achieved a 3.4% weighting in a U.S. crypto index ETF, marking the token's first inclusion in such a product. Spot Bitcoin ETFs saw $101 million in net inflows on September 2, while Robinhood's stock token offering surpassed Binance's comparable product by holder count. Meanwhile, Kalshi submitted a request to the CFTC for approval to list the first U.S.-regulated WTI perpetual futures contract.
Several regulatory matters remained unresolved. Kraken's parent company Payward postponed its initial public offering to Q2 2027 at the earliest, and Ledger faced a class action lawsuit in New York related to an alleged 2023 data breach affecting the hardware wallet provider.