Data from Arkham reveals Lazarus-affiliated wallets transferred more than $30 million using Hyperliquid and HyperUnit. This was amid Hyperliquid's efforts to access the U.S. markets through Bitnomial, which is owned by Payward.
Hyperliquid's potential U.S. entry could signal increased regulatory acceptance, boosting market credibility and influencing future crypto regulations. Hyperliquid in talks with Kraken's Payward to enter US perpetual futures market.
Hyperliquid's HYPE token targets $90.75 as a bullish ascending triangle breakout, US expansion plans, and a $10.75M short liquidation zone support upside.
Trump wants to “bring Hyperliquid into the United States in a fully compliant and legal fashion.”
Arkham researcher Emmett Gallic says Lazarus-linked addresses moved more than $30 million through Hyperliquid's HyperUnit service in August.
In a significant move toward regulatory compliance, Hyperliquid Labs is pursuing a collaboration with Payward, the entity behind Kraken exchange, to introduce crypto perpetual futures trading to the American market. According to initial reports from Bloomberg, the negotiations focus on leveraging Bitnomial—a regulated Payward subsidiary—as the authorized U.S. trading infrastructure.
Has the pecking order finally flipped?
Ether, solana, tron and dogecoin all shed ground over 24 hours while HYPE added about 4%, leaving bitcoin flat on the week after August's 24% run.
Based on blockchain analysis by Arkham, North Korean hackers have laundered over $30 million worth of Bitcoin through Hyperliquid over the last three weeks, according to reports. The developments come at a delicate time.
Sanctioned North Korean wallets moved funds as Hyperliquid pursues regulated US market access.
Wallets linked to North Korea's Lazarus Group have sold more than $30 million in Bitcoin through Hyperliquid over three weeks as U.S. officials and Payward explore regulated access to the platform.
Hyperliquid Labs and Kraken parent Payward have entered advanced talks to offer selected Hyperliquid-linked perpetual futures to U.S. traders through CFTC-regulated exchange Bitnomial. Hyperliquid could reach U.S. traders through Bitnomial Bloomberg reported on Aug.