More than $30 million connected to the North Korean hacking group Lazarus Group was routed through Hyperliquid's HyperUnit service, according to a report by Arkham researcher Emmett Gallic on August 31. These funds were converted from Bitcoin to Ether and Solana, then transferred across multiple blockchain networks before reaching exchanges like KuCoin, LBank, and Kraken. While this activity highlights the use of complex asset conversions and cross-chain transfers by sanctioned groups, there is no evidence Hyperliquid itself was compromised or lost user funds. The report underscores ongoing concerns about illicit fund movements in crypto but does not imply direct fault or loss by the platform.
Cash Cat (CASHCAT) memecoin recovered from a dip to $0.18 and reclaimed the $0.20 resistance level, climbing back to around $0.23 with a 14% daily gain. This recovery was supported by increased trading volume and open interest, indicating strong buyi...
Ripple and SettleMint have partnered to offer a combined platform that integrates Ripple Custody with SettleMint’s Digital Asset Lifecycle Platform (DALP), enabling regulated institutions to issue, custody, and manage tokenised assets throughout thei...
Bitcoin held steady near $78,800 after a strong 24% rise in August, its best monthly gain since November 2024. The price is consolidating below $82,000, with technical patterns suggesting a possible short dip before pushing higher toward $85,000. Key...
Institutional investors are boosting their exposure to Ripple's XRP futures on the Chicago Mercantile Exchange (CME), even as the broader market reduces its XRP futures holdings outside the CME by over 500 million tokens. This shift highlights a pref...
SKYX Platforms achieved 9.7% year-on-year revenue growth in the first half of the year, marking its tenth consecutive quarter of growth. However, the company faces challenges including delayed construction project timelines, unclear unit economics wi...
