Investment
Features
FeesSafety
Academy
More
Pluang+

Hyperliquid earns $2.5M fees in 24 hours amid money laundering concerns on its platform.

Market News
21 Oct 2026
AMBCrypto
View Source
Bearish
Hyperliquid earns $2.5M fees in 24 hours amid money laundering concerns on its platform.

Hyperliquid generated $2.5 million in fees in a single day, far outpacing competitors. However, a report revealed that over $20 million linked to hacks and scams flowed through a laundering service called FreedomXMR operating on Hyperliquid's platform. While Hyperliquid itself is not accused, the presence of illicit activity raises regulatory and reputational risks. Meanwhile, Hyperliquid Policy Center is pushing for regulatory approval of compute power derivatives in the U.S. to expand on-chain market offerings under oversight.

Hyperliquid's $2.5 million fee in a single day stands out as a key figure in this report. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 21, 2026 10:41 WIB: out of 50 major cryptocurrencies priced on Pluang, 42 rose and 7 fell today. Notable movers include CRV at Rp6.943 with a 5.37% increase and 96% sell order activity, XTZ at Rp5.683 with a 5.36% rise and 67% sell orders, and AXS at Rp18.913 up 5.14% with 100% sell activity. This data provides a broad view of market momentum on the platform.

More News

One in three people globally now use generative AI, social media users hit 5.81 billion in 2026

One in three people globally now use generative AI, social media users hit 5.81 billion in 2026

The Digital 2027 report reveals that 3.24 billion people worldwide, or nearly 39% of the global population, actively use generative AI tools monthly, marking a 57.2% increase in one year. Social media users have grown to 5.81 billion, representing 69...

Market News
Bullish
45 minutes ago
LEPAS launches its premium electric vehicles in the Middle East, starting with the L8 PHEV in Gulf countries.

LEPAS launches its premium electric vehicles in the Middle East, starting with the L8 PHEV in Gulf countries.

LEPAS, Chery Auto's premium new energy vehicle (NEV) brand, is entering the Middle East market in November 2026, debuting its full NEV lineup including the L8 PHEV in the UAE, Kuwait, Qatar, and other Gulf countries. This expansion follows LEPAS's gl...

Market News
Bullish
52 minutes ago
AlphaPepe crypto presale raises $3.1M with 12,600+ holders; new exchange partnership, possibly Binance, expected soon.

AlphaPepe crypto presale raises $3.1M with 12,600+ holders; new exchange partnership, possibly Binance, expected soon.

AlphaPepe's crypto presale has raised over $3.1 million with more than 12,600 holders, showing strong retail demand before its public exchange debut. The project features a live AI-powered DEX called AlphaSwap and is led by an ex-Shibarium developer,...

Market News
Bullish
3 hours ago
iCAUR debuts V25 and showcases customization at 2026 International User Summit in Wuhu, expanding global reach.

iCAUR debuts V25 and showcases customization at 2026 International User Summit in Wuhu, expanding global reach.

The 2026 iCAUR International User Summit in Wuhu, China, introduced the new iCAUR V25, expanding the V-Series lineup alongside the V23 and V27. The event highlighted the brand's Future Classic Design philosophy, vehicle customization, and user co-cre...

Market News
Bullish
3 hours ago
Sophon Chain to shut down Nov 30; asset withdrawal deadline Nov 25

Sophon Chain to shut down Nov 30; asset withdrawal deadline Nov 25

Sophon plans to shut down its Ethereum layer-2 network, Sophon Chain, on November 30. Holders must move their assets, including SOPH, ETH, and USDC, by November 25 to avoid permanent loss. The shutdown follows Sophon's June decision to retire the cha...

Protocol Fundamentals
Bearish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App