Bitwise's BHYP Filing: Wall Street's First Bet on Pure DeFi Protocol Revenue
Bitwise's amended BHYP filing would make Hyperliquid's HYPE the first pure protocol-revenue token inside a US spot ETF — a 0.67% fee, Anchorage custody, and a governance upgrade mid-registration that rewrites what institutional crypto exposure means.
The DeFi Mullet Crosses the Atlantic: How Coinbase's UK USDC Loans Through Morpho Rewrite the Crypto Lending Playbook
Coinbase's April 2026 launch of crypto-backed USDC loans in the UK routes every borrowing pound to Morpho smart contracts on Base — a regulated front-end sitting on permissionless DeFi plumbing that rewrites the post-BlockFi lending playbook.
Kalshi's Timeless Gambit: How a $22B Prediction Market Declared War on Hyperliquid, Polymarket, and the Crypto Perps Industry
Kalshi's April 27, 2026 launch of CFTC-regulated crypto perpetual futures signals the first serious onshore American challenger to the $500B offshore perps market, reshaping the competitive landscape against Polymarket, Hyperliquid, and Coinbase.
PancakeSwap Moves Into Base App: The Super-App Era of DeFi Has Arrived
PancakeSwap's April 2026 launch as a native mini-app inside Coinbase's Base App validates the wallet super-app thesis for DeFi and makes the standalone dApp obsolete as a primary distribution surface.
Tokenized US Treasuries Hit $14B: The 37x Surge That Made T-Bills RWA's First Real Product
Tokenized US Treasuries grew 37x in three years to $14B, becoming RWA's first true product-market fit. Here's what made T-Bills win on-chain — and which vertical breaks through next.
DeFi's $606M April: Why 2026's Worst Hack Month Isn't About Smart Contracts
April 2026 saw $606M stolen from DeFi protocols in 18 days. Kelp DAO, Drift, and Resolv Labs were drained not by smart contract bugs but by configuration changes and operational seams that audits don't catch.
Hacken Q1 2026: $482M Stolen and the Quarter That Broke Crypto's Audit-First Religion
Hacken's Q1 2026 report puts Web3 losses at $482M across 44 incidents, with phishing and key compromises accounting for $378M — the quarter that permanently moved crypto's main attack surface off-chain.
Hyperliquid's 44% Comeback: How a Purpose-Built L1 Outran Aster and Forced Wall Street to Rethink Crypto Custody
Hyperliquid hit 44% perp DEX market share as Aster collapsed to 15%. The same day, Grayscale pulled Coinbase from its HYPE ETF filing and handed custody to Anchorage — a hinge moment for on-chain derivatives and institutional crypto custody.
InfoFi Is the New DeFi: How Information Finance Became Web3's $10B Sector in 2026
Prediction markets cleared $25.7B in March 2026 alone, Polymarket is talking at a $15B valuation, and Kaito just merged attention with on-chain wagers. InfoFi is the first post-DeFi category tracking to $10B in sector value this year.