Hyperliquid Holders Left In The Dark: Monad Protocol Faces Scrutiny Over MON ...
Layer-1 (L1) blockchain Monad has recently opened a portal for users to claim the airdrop for its native MON token, with the claiming period set to end on November 3. However, the announcement has sparked significant criticism within the crypto community. Many users, particularly those on social media platform X (formerly Twitter), have voiced concerns that the criteria for eligibility have not aligned with the developments, leaving several traders, including those from Hyperliquid (HYPE), ineligible for the airdrop. Hyperliquid And HypurrNFT Users Left In The Lurch At the time of the....
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The crypto community was just recovering from the aftermath of the Bybit hack, which saw North Korean hackers loot $1.3B from the exchange’s cold storage, and now we’ve had yet another sensational malicious activity. This time it’s Hyperliquid in the firing line. Read on to find out exactly what went down and how a privacy-first crypto project like Best Wallet Token ($BEST) could potentially 100x as a result? Dissecting the Hyperliquid-Jelly Meltdown The popular decentralized crypto exchange Hyperliquid recently delisted the Jelly-my-Jelly ($JELLY) meme coin on the....
Hyperliquid has quickly become a main character in the crypto space after it became the leading decentralized finance (DeFi) exchange for perp trading. As its popularity has grown, so has the price of its native HYPE token. This has seen it rally even at a time of bearish divergence in the crypto market, moving up by more than 50% in one week to reach new all-time highs. Factors Driving The Hyperliquid Price The main driver behind the Hyperliquid price pushing to new all-time highs has been the rise in attention being paid to the platform. As crypto investors are pivoting toward more....
Circle Internet Financial (CRCL), the firm behind the USDC stablecoin, has announced a significant investment in Hyperliquid (HYPE), a layer-1 blockchain that has experienced high demand this year. Circle’s Strategic Move Into Hyperliquid As part of this initiative, Circle has launched Native USDC and Cross-Chain Transfer Protocol (CCTP V2) on HyperEVM, an Ethereum Virtual Machine (EVM) integrated into Hyperliquid’s layer-1 blockchain. This move is expected to streamline the adoption of USDC and enhance its utility. Plans also include enabling direct deposits and ensuring CCTP....
San Francisco-based digital currency exchange Kraken has launched a new dark pool for bitcoin trades. The dark pool, which functions as an invisible order book separate from its public offering, is intended to provide a means for traders to move more than 50 BTC (roughly $12,500 at press time) on the market in relative secret. Dark pools are used throughout the global financial system, though the practice has faced rising scrutiny from regulators, and banks have been penalized in the past for unlawful activity within the dark pools they operate. Supporters of dark pools say they help....
Tesla is facing more scrutiny over its $1.5 billion dollar bitcoin purchase. A Tesla board member who reportedly approved the company’s bitcoin buy deal is a cryptocurrency investor who also sits on the boards of two major crypto firms. Experts Question Conflict of Interest in Tesla’s Bitcoin Purchase Tesla is further under scrutiny over its bitcoin purchase as experts now question whether there is a conflict of interest surrounding a director who approved the company’s big bitcoin purchase, the Telegraph reported Tuesday. Tesla recently revealed that it bought $1.5....