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$30M+ stolen crypto linked to North Korea routed through Hyperliquid amid US regulatory push

Market News
07 Sep 2026
CrowdFundInsider
View Source
Bearish
$30M+ stolen crypto linked to North Korea routed through Hyperliquid amid US regulatory push

Wallets tied to North Korea's sanctioned Lazarus Group have moved over $30 million in stolen cryptocurrency through Hyperliquid's decentralized trading platform as recently as August 30. These funds were converted across multiple blockchains before reaching centralized exchanges like KuCoin and Kraken. This activity highlights the challenge for US regulators as they consider allowing Hyperliquid to operate legally in the US, given the platform's permissionless design that lacks traditional identity checks. The case underscores ongoing concerns about North Korean cyber theft financing weapons programs and tests whether decentralized finance can meet US sanctions and compliance standards.

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Alphabet expected to report Google Cloud revenue growth over 100% on Oct 28

Alphabet expected to report Google Cloud revenue growth over 100% on Oct 28

Alphabet is predicted to announce that its Google Cloud division will achieve revenue growth exceeding 100% in its upcoming report on October 28. This significant growth highlights the expanding importance of cloud services in Alphabet's business str...

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SpaceX, Tesla, and Meta earnings highlight AI spending and market shifts amid earnings season.

SpaceX, Tesla, and Meta earnings highlight AI spending and market shifts amid earnings season.

SpaceX could offset losses from rockets and AI if it captures just 1% of the phone market, with business and government revenue growing faster than consumer sales. Tesla benefits from rising gas prices, which act as a stronger incentive than the EV t...

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Virtus Reaves Utilities ETF outperforms Reaves Utility Income Fund with lower costs and better growth potential.

Virtus Reaves Utilities ETF outperforms Reaves Utility Income Fund with lower costs and better growth potential.

Virtus Reaves Utilities ETF (UTES) offers better total returns and resilience in rising interest rate environments compared to the Reaves Utility Income Fund (UTG). UTES benefits from a lower expense ratio of 0.49% and a pure equity focus, outperform...

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Chery Auto unveils Level 4 Robotaxi and partners with UAE's K2 for global commercial launch

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Chery Auto is showcasing its purpose-built Level 4 (L4) self-driving Robotaxi at its 2026 Global User Summit in Wuhu, China, and signing a strategic cooperation agreement with UAE-based company K2. The Robotaxi, designed from the ground up for autono...

Market News
Bullish
4 hours ago
Richard Heart, crypto project founder, arrested in Istanbul over $1B fraud allegations.

Richard Heart, crypto project founder, arrested in Istanbul over $1B fraud allegations.

Richard James Schueler, known as Richard Heart and founder of Hex and PulseChain, was arrested in Istanbul on October 14, 2026, for alleged cryptocurrency fraud totaling around $1 billion involving the US and Finland. The operation, led by Turkish au...

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