HyperCore transferred 447,800 HYPE tokens to liquid staking protocol Kinetiq.

According to Bloomberg, Adam Back has long held a uniquely revered status in the Bitcoin ecosystem. A pioneering cryptographer whose work was cited by Satoshi Nakamoto, he has long been rumored to be Bitcoin’s mysterious founder. But as the crypto industry undergoes another major shakeup, multiple Bitcoin-related businesses linked to him are facing mounting pressure. A Bitcoin reserve firm he championed saw its merger with a Cantor Fitzgerald-backed SPAC collapse; a Bitcoin mining business he co-founded is mired in legal disputes; and a $320 million hack targeting a Bitcoin-linked blockchain has hit Blockstream—Back’s firm and one of the oldest infrastructure players in the crypto space. The Bitcoin custody project BSTR Holdings, which he led, terminated its merger with a SPAC under Cantor Fitzgerald, and BSTR was ordered to pay a $15 million termination fee. Blockstream Mining, the Bitcoin mining venture he co-founded and holds a minority stake in, has faced multiple lawsuits against partner Exacore since spinning off from Blockstream, accused of defaulting on equipment payments, electricity bills, and customer deposits, with total related financing amounting to roughly $2 billion. Separately, the Liquid Network, a Bitcoin sidechain launched by Blockstream, was hacked, with around 4,000 BTC stolen; 3,400 have been returned, leaving the hacker holding roughly $47 million worth of Bitcoin.

Chicago Board Options Exchange (CBOE) has signed a 25-year extension to its exclusive licensing agreement with S&P Dow Jones Indices, which will remain valid until 2051. CBOE stated that it may collaborate with S&P Dow Jones Indices to explore innovations for new products including tokenized options contracts.

According to market data from BIT (bit.com), Chicago Board Options Exchange (CBOE) rose more than 6% in pre-market trading, after signing an extension to its license agreement with S&P Dow Jones Indices.

DeepSeek Harness v0.2 preview is officially launched, offering out-of-the-box desktop installers for macOS and Windows. Users can download and install via the official website, then follow the setup guide to get started. The new version comes pre-equipped with common features for daily office work and development, enabling these core functionalities right out of the box. Additionally, it adds a plugin installation and management page, along with more flexible configuration options, allowing users to extend features as needed to build a customized smart product tailored to their own needs. (Interface)

According to official announcements, the Salvadoran government has partnered with Modveon to launch Sivar, a government-backed remittance application. Built on Coinbase’s Base network, Sivar allows Salvadorans to easily send and hold digital U.S. dollars, with a focus on cross-border remittances. It marks the first nationwide deployment of Modveon’s proprietary "Verification Operating System", integrating identity verification, community services, institutional services and payments into a single trusted app, with core fund flows supported by Coinbase’s infrastructure. Users can top up transfers directly via debit cards through Coinbase Onramp, and each receives a non-custodial wallet within the app; peer-to-peer transfers between verified users are powered by Coinbase API, with transactions settled in stablecoins on Base, enabling fast, low-cost value transfers. After a transfer is completed, recipients can cash out at over 1,000 locations across El Salvador. The flat fee is $2 regardless of transfer amount, making it one of the lowest-cost options in the U.S.-El Salvador remittance corridor.

Glassnode’s report notes that Bitcoin is rallying at lower leverage levels. The cryptocurrency’s price has surged 35% from its August low, while coin-denominated open interest has fallen nearly 20%. This brings open interest to its lowest point since March, potentially making the current rally less susceptible to leverage liquidations.