Wed, September 2
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Lakshya Baskar

I specialize in Web3 and crypto writing, producing clear, research-driven content on blockchain, cryptocurrencies, and market trends.

Posts by Lakshya Baskar

ETP Frenzy

Crypto Council Urges SEC to Streamline Novel ETP Approvals

Crypto Council for Innovation is advocating for a modernized framework for ETP by the Securities and Exchange Commission. CCI is calling for more clarity and predictability in the process of obtaining approvals for innovative ETPs. The suggestions from CCI were presented on August 31 concerning the framework for novel ETFs

6 hours ago 3 mins read
18 G20 Nations Emerge as the Hubs for Crypto Degens

G20 Backs Clear Regulatory Pathways for Digital Asset Innovation

The G20 indicated an increased emphasis on digital asset innovation while remaining cognizant of maintaining financial stability in its approach to policy formulation. Financial ministers and central bank governors saw the opportunity that digital financial innovation provides as a means of achieving broader economic growth. This new emphasis has come

9 hours ago 3 mins read
Hyperliquid (HYPE) Ignites a 22% Rally: Can Bulls Chase $30 as Volatility Creeps In?

Hyperliquid Strategies Expands Chardan Equity Facility to $2.5 Billion

The committed equity facility of Hyperliquid Strategies with Chardan Capital Markets has been increased to $2.5 billion from $1 billion. This development allows the digital asset treasury company to have more flexibility to secure funds by issuing stocks in the future. The information has been revealed by the company in

11 hours ago 2 mins read
Ripple Survey Finds 72% of Finance Leaders See Digital Assets as Key to Competitiveness

Ripple Unlocks 1B XRP as Escrow Balance Falls to 31.28B

The company unlocked 1 billion XRP from escrow on September 1st through 3 transactions. These were 500 million XRP, 400 million XRP, and 100 million XRP, respectively. This was revealed by the blockchain monitoring account Whale Alert in relation to the XRP that was unlocked from Ripple-controlled escrow accounts. This

September 1, 2026 3 mins read
Hyperliquid (HYPE) Rallies to $37 as Arthur Hayes Predicts Major Upside to $150

Lazarus Group Moves $30M Through Hyperliquid as Trump Backs US Expansion 

Wallets affiliated with the North Korea-based Lazarus Group have sent over $30 million via Hyperliquid, according to chain analysis from Arkham. This information was revealed on August 31 by Arkham researcher Emmett Gallic. He identified the transactions carried out within about three weeks. These funds went through HyperUnit, where the

September 1, 2026 2 mins read
Kalshi Bolsters U.S. Policy Engagement With New Washington, D.C. Office

Kalshi Faces Fresh Legal Setback as Ninth Circuit Backs Nevada Sports-Betting Rules

The legal tussle involving Kalshi against state regulators has reached yet another significant stage following the dismissal of the latest legal challenge by the appeals court. The ruling handed down on August 28 was unanimous that Kalshi had failed to prove that Nevada’s rules for sports contracts were likely to

August 31, 2026 2 mins read
Bithumb Grabs 25% South Korean Market Share Before IPO

Bithumb Wins Second Lawsuit Over 620,000 BTC Crediting Error

Bithumb wins another case as it seeks payments from wrongly credited Bitcoin users. In an effort to collect money for wrongly credited Bitcoin from users in February 2018, the Seoul Central District Court ordered one of the defendants to pay back 194 million Korean won, roughly $140,513, according to Digital

August 27, 2026 2 mins read
Grayscale Unveils New AI Crypto Sector Covering $21 Billion in Assets

Grayscale’s Zach Pandl Says Rising U.S. Debt Could Boost BTC, ETH and ZEC

The chief research officer of Grayscale Research, Zach Pandl, connected the recent bond repurchases by the US Treasury to increased pressure exerted by the level of government debt. The US Treasury will conduct more open market purchases of long-term notes and bonds prior to their retirement. According to Pandl, the

August 27, 2026 2 mins read
BlackRock Adds Bitcoin Tokens to its Holdings at Total BTC Price of Over $400M

BlackRock Cuts IBIT In-Kind Bitcoin Minimum 96% to $1 Million

BlackRock has lowered the minimum amount required for Bitcoin-to-IBIT conversion to $1 million. This is a 96% decrease from the previous threshold of $25 million. The move may open up opportunities for qualified individuals and institutions that wish to participate in the program, but it will not affect regular IBIT

August 26, 2026 2 mins read
El Salvador

Bitcoin Beach Sees Everyday Payments Fade as El Salvador’s Adoption Experiment Evolves

Bitcoin Beach, the El Zonte village that inspired El Salvador’s Bitcoin venture, appears to be seeing fewer everyday Bitcoin transactions. According to WuBlockchain, Bitcoin Core contributor Jon Atack said a local restaurant told him his Bitcoin payment marked its first such transaction in a month. Staff reportedly said customers now

August 26, 2026 2 mins read