FOMO HOUR: A Daily Crypto & Web3 News Show
Crypto majors are flat while HYPE leads again; BTC even at $77.1k; ETH even at $2,120; SOL +1%at $87; HYPE +8% at $59.55. NEAR (+30%), FET (+12%), TIA (+12%) and WLD (+12%) led top movers. Oil -2% at $98.50; Gold even at $4,513. Stock futures are green with the Nasdaq up slightly as the US and Iran signal some peace progress. Blockchain.com confidentially filed an S-1 with the SEC Thursday for a US IPO expected before year-end, joining SpaceX, Kraken, and Grayscale in the 2026 crypto listing wave; it previously considered going public at a $14B valuation in 2022 before a 2023 Series E round reset that figure significantly lower. a16z-backed Syndicate Labs announced it is shutting down Thursday after five years building Ethereum rollup developer infrastructure, citing a structural collapse in demand for reusable rollup tooling. Terraform Labs’ bankruptcy administrator filed an amended complaint Monday alleging Jane Street used a private Telegram group called “Bryce’s Secret” (run by a former Terraform intern who later joined Jane Street) to receive non-public information about the health of TerraUSD before selling its entire $192 million UST position on May 7, 2022, hours before the stablecoin lost its peg. Powered by https://myriad.markets/markets