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Crypto market recap: What happened today?

Crypto market recap: What happened today?

The crypto market saw several important developments today, including a warning from Hong Kong authorities about cryptocurrency scams, a new filing from Grayscale for a crypto-based ETF, and progress on the CLARITY Act in the U.S. Here’s a quick overview of the major events.

Summary

  • Hong Kong senior lost HK$6.6M in three crypto scams involving fake experts.
  • Grayscale files for HYPE ETF, offering exposure to Hyperliquid’s token.
  • US lawmakers near agreement to regulate stablecoin yield to protect banks.

Hong Kong police warn after senior man falls victim to scams

Hong Kong’s Police Cyber Crime Bureau issued a warning today after a 66-year-old retired man lost…

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