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The decentralized perpetual futures trading sector has a new leader: Hyperliquid (HYPE). Launched in December 2024, Hyperliquid has its own Layer-1 blockchain, which has surpassed Solana in 7-day fees.  What’s fueling its rapid growth, and how does HYPE compare relative to Solana’s native token SOL (SOL)? Protocols ranked by 7-day fees, USD. Source: DefiLlama Hyperliquid’s
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Dave Sanchez has been head of the SEC Office of Municipal Securities since 2022. While Dave Sanchez, director of the Securities and Exchange Commission’s Office of Municipal Securities has repeatedly expressed concern regarding joint powers authorities, there is no certainty of following enforcement action although that risk always can be heightened in situations where bond
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<img src=”https://public.flourish.studio/visualisation/21854401/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were little changed Thursday as mutual funds continued to see inflows. U.S. Treasury yields rose and equities ended down. The two-year municipal to UST ratio Thursday was at 62%, the five-year at 64%, the 10-year at 67% and the 30-year at 86%, according to Municipal Market Data’s 3
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Amtrak, with a train pictured here in Chicago, is moving forward on efforts to build a high-speed bullet train in Texas. Amtrak Amtrak this week issued a Request for Qualifications announcing it’s seeking a delivery partner for a high-speed train in Texas, signaling momentum for the long-stalled project. The RFQ represents the first major step
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. OpenAI has launched its largest artificial intelligence model with fewer so-called “hallucinations”, the latest in a flurry of new AI releases by US tech groups. The San Francisco-based company on Thursday unveiled GPT-4.5, its long-awaited
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In his first weeks in office, Donald Trump has been busy wielding his power across the globe: threatening multiple trade wars, ripping up US foreign policy, and proposing taking control of Gaza and turning it into a resort. But the US president’s team still found the time to speak with Romanian authorities about Andrew Tate
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Tennessee Gov. Bill Lee’s proposed fiscal 2026 general fund budget is 9% higher than the existing fiscal 2025 general fund budget.Bloomberg News Tennessee Gov. Bill Lee’s proposed fiscal 2026 budget includes $930 million in bonds in what may be the first of several years of increased state bonding. The bonds would be general obligation bonds
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The owners of One Hyde Park have taken an arm of construction company Laing O’Rourke to the High Court in London over claims defects have marred one of the UK’s most exclusive residential property schemes.
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Bitcoin’s (BTC) daily chart registered a bearish three-blind mice pattern over the past three days, taking BTC’s value outside the long-term established range between $110,000 and $90,000. Bitcoin 1-day chart. Source: Cointelegraph/TradingView Over the past 24 hours, Bitcoin tested the fair value gap, but BTC has struggled to establish bullish momentum from the $82,000 range
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S&AdobeStock S&P Global Ratings’ view of Guam’s bonds has shifted from negative to positive. It gave a positive outlook to its BB-minus rating on Guam’s general obligation bonds, BB rating on Guam’s business privilege tax and section 30 revenue bonds, and B-plus rating on its appropriation-backed certificate of participation. The ratings action removes a negative
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Britain’s privatised water companies are escaping scrutiny by the regulator because there are “limited mechanisms” for checking whether the utilities are delivering on promised investment, according to an official government report. Water companies are planning
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New token listings resemble the stock market on steroids. Without the guardrails of traditional finance, prices swing wildly, making—and more often breaking—fortunes in days, if not hours. Binance exchange is often the listing destination of choice for many of these tokens, which offer traders high-risk bets and the chance to chase the next market sensation. 
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“When you go up on the Hill, the M.O. is, ‘No, we’re not, we’re not going to touch bonds,'” said Brian Egan, chief policy officer for the National Association of Bond Lawyers.  ”We heard that consistently throughout 2017 until we actually saw the bill. It’s easy to say programs are safe when you haven’t really sat
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Dallas Police Department officers in 2022. The Dallas City Council set a goal to hire 300 police officers in the current fiscal year to comply with a voter-approved mandate to increase the police force and officer pay, which led to a negative rating outlook from Moody’s Ratings.Bloomberg News The Dallas City Council adopted a goal
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