On August 13, a cryptocurrency investor suffered losses totaling around $550,000 in USDC after becoming victim to a sophisticated phishing operation executed through a paid Google search advertisement.
Hyperliquid's stronger Q2 fundamentals, whale ownership, and rising volume could help HYPE.
On Uneasy Money, the Infinex and Synthetix founder called Hyperliquid's decision to hand outside market builders half of all trading fees "a bit crazy," and argued that falling revenue and shrinking HYPE buybacks show why it will have to change.
A Hyperliquid user appears to have lost about $550,000 in USDC after clicking a malicious Google search ad impersonating the trading platform. Blockchain data linked three transfers from the victim's wallet to addresses identified as controlled by the attacker.
Hyperliquid's regulatory pursuit could significantly influence the U.S. crypto derivatives landscape, potentially boosting market confidence. Hyperliquid seeks US regulatory approval for perpetual futures offering.
Bitcoin Range: BTC holds $63,300 after repeated rejections at $64,400 and muted CPI reaction. Futures Pressure: XRP, ADA, and BCH show strong bearish positioning with negative CVD and weak funding rates. Altcoin Split: HYPE, ZEC, XMR, and several mid-caps outperform while ETH, XRP, DOGE, SOL, and others decline.
Hyperliquid (HYPE) is showing signs of recovery after bouncing from the $53 support zone, with price now approaching the key $57.57 Fibonacci level. The recent rebound has brought the $65 resistance zone back into focus, while improving momentum could allow bulls to extend the recovery. But can the HYPE price break above $57.
Hyperliquid's rise amid Bitcoin's stagnation highlights shifting investor focus towards innovative DeFi platforms and altcoins for growth. Hyperliquid outperforms as Bitcoin holds steady near $64,000.
Hyperliquid asks CFTC and SEC for a path into US perpetual futures trading as HYPE token holds near $56.61.
A $1.52 million purchase, exchange withdrawals, and short liquidations support the rebound as U.S. derivatives talks advance.
Hyperliquid opens Foundation low-latency data access to qualified infrastructure providers, with pricing indicated below $1,000 monthly.
Bitcoin traded near $63,800 as July CPI matched forecasts, HYPE led large-cap gains and spot Bitcoin ETFs posted $61.1M in outflows.