A cryptocurrency investor lost about $550,000 in USDC after falling victim to a phishing scam using a fraudulent Google search ad for Hyperliquid. The scam redirected the user to a fake website mimicking Hyperliquid, compromising sensitive information and transferring funds to attacker-controlled wallets. Google has since disabled the malicious advertiser's account, but such phishing attacks via sponsored ads remain a recurring threat to crypto users. The Hyperliquid platform itself was not breached and continues to see user growth, highlighting the importance of verifying URLs and avoiding sponsored listings when accessing crypto platforms.
Hyperliquid, a decentralized exchange focused on perpetual futures, is lobbying to allow U.S.-regulated firms to offer its no-expiry derivatives on their blockchain. This follows new Commodity Futures Trading Commission (CFTC) rules that have opened ...
A major Hyperliquid whale sold 923,743 HYPE tokens worth $53.02 million, adding to previous sales totaling 1.95 million HYPE worth about $110.46 million. Despite this heavy selling, HYPE showed signs of bullish momentum with technical indicators sugg...
Hyperliquid reported a 250% increase in net income for Q2, reaching $30.95 million, alongside a 175% rise in adjusted EBITDA to $53.65 million. This strong financial performance supports a bullish trend in the HYPE token, which is also seeing increas...
Hyperliquid allows external market builders to keep half of trading fees through its HIP-3 system, but Kain Warwick, founder of Synthetix, calls this 50% split "a bit crazy" and predicts it will be reduced. Despite growing volumes, Hyperliquid's reve...
The crypto market remained stable with Bitcoin near $63,000-$64,000 and total market cap around $2.16 trillion after U.S. inflation data showed cooling trends. July CPI rose modestly, easing fears of aggressive Fed rate hikes but not sparking broad c...
