The SEC published its Reg Crypto proposal last week, giving the public 60 days to comment.

According to HyperliquidNews monitoring, the cumulative amount of Hyperliquid native buyback and destruction exceeded $1.251 billion, with an average purchase price of $26.808.

According to HyperliquidNews monitoring, the total inflow of stablecoins this week exceeded $668 million, setting the third highest weekly record in history. The USDC contract addresses 0xa0b... eb48 on the Ethereum chain account for 97.98% of the market share, and AQAv2 will use 90% of the revenue generated from these USDCs to repurchase and destroy Hyperliquid tokens.

Due to the withdrawal of the GANA Foundation, Eiden Liu announced his withdrawal from the original foundation and initiated a compensation plan in his personal name, with the goal of achieving 100% compensation. The initial compensation plan involves approximately 20000 addresses, and will be verified and compensated in batches based on real data on the chain. The overall compensation period is tentatively set at 2-3 years. Eiden Liu stated that the foundation will withdraw from the site but will not take responsibility, and will continue to take practical actions to assume related responsibilities.

The Federal Reserve Kashkari said that the treasury bond bond market is operating normally, the recent rise in yield will not affect the discussion of monetary policy, and inflation will not fall back to the target level in the short term.