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.
In the past five hours, Ether (ETH) saw the largest inflow of $48.73 million and also the biggest outflow of $8.32 million among cryptocurrencies. Bitcoin (BTC) followed with $22.47 million inflows and $7.43 million outflows. Stablecoins like USDT an...
Over the past seven days, centralized cryptocurrency exchanges experienced a combined net outflow of 14,978.95 Bitcoin (BTC). Binance led this trend with a significant outflow of 16,455.52 BTC, followed by Coinbase Pro with 4,034.39 BTC leaving the p...
Solana's network economics have improved, with token holder net income exceeding $400,000 for two consecutive weeks as SOL traded near $109 on October 11. This marks a recovery after three weeks of negative results, indicating that network activity g...
Strive raised about $55 million this week through its SATA preferred shares program, enough to buy nearly 638 bitcoins. However, the company's ability to continue this funding method depends on its stock price staying above the $100 nominal value. Si...
Two wallets reportedly exploited price swings on Hyperliquid by placing around $20 million in orders, shifting Ether prices slightly. They simultaneously opened large long positions on Papertrade, which uses Hyperliquid prices for settlement. This st...
