PANews reported on May 15th that, according to The Block, the Bitwise Hyperliquid ETF will begin trading on the New York Stock Exchange on Friday under the ticker symbol BHYP. This fund will be the first in the US to offer Hyperliquid staking rewards, implemented through the company's in-house staking arm, Bitwise Onchain Solutions. BHYP has a management fee of 0.34%, with the first $500 million in assets exempt from management fees during the first month. Bitwise Chief Investment Officer Matt Hougan stated that Hyperliquid has become one of the most attractive investment opportunities in the crypto space. During the geopolitical tensions in February when traditional markets were closed, global traders turned to Hyperliquid for price discovery, with Bloomberg citing its crude oil contracts as the most relevant market price.

PANews reported on May 15th that, according to The Block, cryptocurrency exchange Bullish released its first-quarter financial report, showing a net loss of $604.9 million, nearly double that of the same period last year. This was primarily due to non-cash items such as changes in the fair value of digital asset holdings. Adjusted revenue was $92.8 million, up from $62.4 million in the same period last year; adjusted net profit was $20.3 million, up from $2.1 million in the same period last year; and adjusted EBITDA was $35.1 million, up from $13.2 million in the same period last year. Adjusted trading revenue decreased to $38 million from $42 million in the same period last year. Bullish stated that it has solidified its position as the second-largest Bitcoin options exchange, with a total options trading volume of $11.6 billion. CEO Tom Farley stated that the $4.2 billion acquisition of Equiniti will drive the development of tokenized services. The company holds approximately 24,300 bitcoins, making it the sixth-largest Bitcoin treasury.

Deep Tide TechFlow news, on May 14, the Nikkei 225 index opened up 172.68 points, or 0.27%, at 63,444.79 points. The South Korea KOSPI index opened up 33.41 points, or 0.43%, at 7,877.42 points.

According to TechFlow, on May 14th, as reported by The Block, the smart contract auditing platform Code4rena announced it will gradually cease operations. Web3 security company Immunefi will take over its bug bounty clients and security researchers. Code4rena stated that all ongoing competitions and bounty projects will still be completed, and existing collaborations will also be properly concluded. Immunefi said it will assist in migrating the vulnerability bounty scope, rules, and reward structures for relevant protocols.Code4rena is known for its "competitive auditing" model, where researchers are compensated for discovering smart contract vulnerabilities. The platform secured $6 million in funding from Paradigm in 2023 and was acquired by Zellic in 2024.

PANews reported on May 14th that, according to The Block, Solana ecosystem infrastructure provider Jupiter has commissioned Bitwise to create a segregated, dedicated lending market for USDe on Jupiter Lend. This marks the first time an institutional asset management firm has curated a market on Jupiter Lend. The market will be segregated from Jupiter Lend's existing liquidity layer to mitigate risk for institutional capital. Jupiter is also leveraging the decentralized protocol Fluid to provide lending and collateral infrastructure support. Jonathan Man, Head of DeFi Strategy at Bitwise, stated that the design offers deep liquidity and risk mitigation features. Guy Young, CEO of Ethena Labs, the issuer of USDe, stated that USDe is an institutional-grade savings product built for scale.

PANews reported on May 14th that, according to The Block, Code4rena, a competitive smart contract auditing platform, announced it will cease operations, and Web3 security company Immunefi will take over its clients and security researchers. Code4rena stated on its X platform that all ongoing competitions and bug bounties will be terminated, and existing partnerships will be properly closed. Immunefi will assist in the migration of bug bounty programs, reward structures, and security researchers. Code4rena's main business was "competitive auditing," where independent researchers competed to find smart contract vulnerabilities and were rewarded. In 2024, blockchain security company Zellic acquired Code4rena, which had previously raised $6 million from Paradigm in 2023.

Deep Tide TechFlow News, on May 13, South Korea's KOSPI index opened down 136.02 points, a decline of 1.78%, at 7507.13 points. The Nikkei 225 index opened down 338.00 points, a decline of 0.54%, at 62404.57 points.

Shenzhen Tide TechFlow News, May 13th, according to on-chain analysis platform Lookonchain (@lookonchain) monitoring, the whale address 0x4E53 purchased and staked 151,000 HYPE again 2 hours ago, worth approximately $6.09 million. Data shows that over the past week, this address has accumulated purchases and staking of 500,998 HYPE, with a total value of approximately $21.3 million.

PANews reported on May 13 that, according to The Block, the U.S. Commodity Futures Trading Commission (CFTC) filed an amicus brief in Ohio's lawsuit against prediction market Kalshi, supporting Kalshi and arguing that the state overstepped its authority. CFTC Chairman Michael Selig stated that the Ohio federal district court's interpretation of the CFTC's jurisdiction was "too narrow" and that he is seeking correction from the appeals court. Previously, Ohio accused Kalshi of operating as an unlicensed sports betting platform; a federal judge rejected Kalshi's preliminary injunction application, ruling that Congress did not intend to "replace state sports betting laws." In recent months, the CFTC has filed lawsuits against five states—Wisconsin, Illinois, Arizona, Connecticut, and New York—to establish its regulatory authority over prediction markets. Last month, New York Attorney General Letitia James, along with attorneys general from 37 other states, filed an amicus curiae in support of Massachusetts's lawsuit against Kalshi.

PANews reported on May 13th that, according to The Block, Coinbase has expanded its cryptocurrency-backed on-chain lending product, adding support for Solana, allowing users to borrow up to $100,000 by collateralizing SOL. This loan is offered through the Morpho integration on Base, similar to its Bitcoin and Ethereum collateralized lending products. A company spokesperson revealed that since its launch last year, Coinbase's total cryptocurrency-secured lending has exceeded $2.3 billion, with Bitcoin collateral accounting for $2.17 billion and Ethereum collateral accounting for approximately $110 million.