CME and ICE Push Back on Hyperliquid’s Oil Markets
CW20 CME and ICE urged U.S. regulators to review Hyperliquid’s offshore oil trading activities. The Ethereum Foundation introduced the Clear Signing standard to improve wallet security. Meanwhile, Circle raised $222M for its ARC token network at a $3B valuation.
CME and ICE push US to curb Hyperliquid's offshore oil trading
ICE (Intercontinental Exchange) and CME Group are urging US regulators to restrict Hyperliquid, an unregulated on-chain trading platform that they claim could influence global crude oil prices and enable market manipulation and sanctions evasion. Both exchanges have expressed concerns to the US CFTC and Congress officials that Hyperliquid's anonymous trading environment could be exploited by insiders or sanctioned nations.
Hyperliquid Policy Center dismissed these concerns as "baseless," arguing that the platform provides complete on-chain real-time transaction records, making it easier for regulators to monitor, investigate, and identify market manipulation compared to traditional markets. They emphasized that 24/7 trading reduces price discontinuities caused by traditional market closures and stated they are working with US policymakers to integrate on-chain derivatives markets into regulatory frameworks.
See Bloomberg report: https://www.bloomberg.com/news/articles/2026-05-15/cme-ice-push-us-to-curb-crypto-s-offshore-oil-trading-upstart
Ethereum Foundation launches Clear Signing security standard
The Ethereum Foundation and major wallet developers have rolled out a new security standard called Clear Signing to prevent users from accidentally signing away their funds, a problem that has fueled some of the industry's biggest hacks and scams.
The initiative aims to replace the confusing walls of hexadecimal code users currently see when approving Ethereum transactions with simple, human-readable explanations of what they're actually agreeing to. This addresses a critical UX gap where many users blindly sign transactions without understanding their implications.
The standard is defined in EIP-7730 and has received support from major wallet providers including MetaMask, Rainbow, and Trust Wallet. Clear Signing enables wallets to display transaction details in a structured format that users can actually comprehend before signing.
See announcement: https://blog.ethereum.org/2026/05/12/clear-signing-announcement
Circle raises $222M for ARC token at $3B valuation
Circle Internet Group announced a $222 million presale raise for its ARC token at a fully diluted network valuation of $3 billion. The fundraising round attracted a consortium of Wall Street heavyweights and crypto-native firms, including BlackRock, Apollo Funds, a16z crypto, ARK Invest, Bullish (CoinDesk's parent company), Haun Ventures, Intercontinental Exchange, and Standard Chartered Ventures.
The ARC token whitepaper was published alongside the announcement, outlining how the native coordination asset could support governance, security, and network operations on the Arc blockchain. According to Circle, the Arc network will feature a task-based rewards system where users can earn points through various activities, potentially qualifying for future token airdrops.
The announcement came as part of Circle's Q1 2026 results, which showed USDC circulation of $77 billion (up 28% year-over-year) and total revenue of $694 million (up 20%). Circle also introduced its Agent Stack suite, including Agent Wallets, Agent Marketplace, and Circle CLI, positioning the company for AI-native economic activity.
See announcement: https://www.circle.com/pressroom/circle-reports-first-quarter-2026-results
About 1Token:
1Token is a digital asset investment management platform providing Crypto PMS, RMS, and Portfolio Accounting Software, managing over $20 billion in assets for more than 100 clients worldwide.
All-in-one support designed for allocators, portfolio managers, treasury managers and fund operations and accountants, seeking transparency and control.
- Front office (portfolio managers and traders) to view live position and exposure, calculate trading PnL and historical performance.
- Middle office (ops and risk) to maintain portfolios and API accounts, book OTC trades, monitor risk metrics and analyze VaR/STV, generate shadow NAV with investor subscription/redemption/dividend.
- Back office (admin and auditors) to collect and reconcile trades, generate valuation and PnL reporting under FIFO/WAC tax strategy.
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