Curated headlines spanning Hypernova prop firm launch, Maya Protocol exploit draining $11M, SEC retail token sale proposal, and multiple Hyperliquid listings.
Security & Exploits ·
Hypernova, an on-chain proprietary trading firm, has launched its private beta with funding up to $200k and transparent smart-contract payouts. Meanwhile, Metaplanet is establishing a U.S. Bitcoin treasury company through a $135 million nanocap deal, and Maya Protocol suffered an exploit that drained Bitcoin and other assets, reducing pool value by $11 million. The SEC has also proposed a regulatory framework allowing projects to conduct token sales to retail investors in an ICO-style model.
On the infrastructure side, Lawson convenience stores conducted a second phase of stablecoin payment trials, testing USDC, USDT, and JPYC across three blockchains—Solana, Morph, and Polygon—using MetaMask wallets. The trial confirmed that multiple stablecoins and chains can be processed at retail point-of-sale in under five seconds without disrupting existing store operations. Settlement between store and payment processor occurred in yen, with users paying in stablecoins while retailers received fiat. Four tokens—IREN, AAOI, RDDT, and MAGS—were newly listed on Hyperliquid's HIP-3 permissionless listing mechanism.
Critical unknowns remain around the Lawson trial: the scheme for converting USDT to yen has not yet been finalized, and the company is still consulting with Japan's financial regulator on custody handling and foreign-exchange execution. ParagonsDAO announced its shutdown, and details on the SEC's retail token sale framework specifics have yet to be disclosed.