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Max Fiege, the big shot founder of Native Markets, went on X (yeah, we’re still calling it that) to announce the rollout of the inaugural Hyperliquid Improvement Proposal (HIP) for USDH, plus an ERC-20 token, because obviously that’s the *only* way to do crypto these days. Apparently, we’re all supposed to be thrilled about this. The next steps? Let me break it down for you:

Renewed hopes, as fleeting as a summer breeze, that the Federal Reserve might deign to cut interest rates, coupled with the Gemini IPO, have fueled this rally. One can only wonder if such optimism is not a tad premature. 🤔

“In the coming decades, Ethereum could become the root of trust for $100 trillion in American capital markets,” he proclaimed, probably while wearing a tinfoil hat made of NFTs. 💸

One might imagine the UAE merely playing host to another conference, yet no-this was a gathering where titans from the United Nations Office on Drugs and Crime rubbed shoulders with the Interpol knights, the inexorable agents of the US Internal Revenue Service, the Royal Malaysian Police, and the tech conjurers weaving spells in code. Together, they sought the elusive secrets of tracking the darkened trails of digital bandits.