The Daily: Hyperliquid set for HYPE token launch, MARA purchases $615 million in bitcoin and more
2024-11-28

Happy Thanksgiving to our U.S. friends! In today's newsletter, Hyperliquid is set to launch its HYPE token, MARA purchases $615 million worth of bitcoin, Celsius plans to distribute another $127 million to eligible creditors and more.
Meanwhile, an ex-Revolut duo raise $2.3 million to build 'blockchain bank account' Bleap.
Let's get started.
Hyperliquid set for HYPE token launch
Decentralized perpetual trading platform and Layer 1 chain Hyperliquid is set to launch its HYPE token on Friday during a genesis event at 2:30 a.m. ET.
MARA purchases another $615 million worth of bitcoin
Bitcoin miner MARA has acquired another 6,474 BTC, valued at around $615 million, boosting its total holdings to 34,794 BTC worth $3.3 billion — the largest of all public miners.
Celsius to distribute $127 million to creditors in second bankruptcy payout
Defunct centralized crypto lender Celsius is distributing $127 million in cash or cryptocurrency to creditors in its second bankruptcy payout, bringing the cumulative recovery rate to approximately 60.4% of their petition date claims.
Coinbase's decision not to support Celo Layer 2 upgrade causes stir among stakeholders
Coinbase announced it will not support Celo's migration from a Layer 1 to a Layer 2 in Optimism's Superchain ecosystem, requiring users to withdraw their funds by Jan. 13, 2025, to avoid becoming inaccessible.
Players are trying to convince this AI to hand over her $40,000 crypto stash
Freysa, a gamified AI agent that supposedly controls over $40,000 in ether on Base, has been instructed not to give players the prize pool under any circumstances, but that hasn't stopped them from trying.
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Disclaimer: This article was produced with the assistance of OpenAI’s ChatGPT 3.5/4 and reviewed and edited by our editorial team.
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