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Hyperliquid Launches HYPE Staking to Amplify Network Decentralization

Hyperliquid Launches HYPE Staking to Amplify Network DecentralizationAccording to the Hyper Foundation, the organization associated with the Hyperliquid ecosystem, users can now stake HYPE on the network. The foundation detailed that users can stake HYPE to a trusted validator and earn staking rewards in HYPE. Hyperliquid’s HYPE Staking Debuts Amid Rapid Growth Over the last few weeks, Hyperliquid, the decentralized perpetuals exchange […]

Janet Yellen Warns ‘Extraordinary Measures’ Incoming As $36,288,567,567,400 National Debt Approaches Ceiling

Trader Doubles Down on Solana Memecoin, Says Crypto Markets About To Save Underwater Positions

Trader Doubles Down on Solana Memecoin, Says Crypto Markets About To Save Underwater Positions

A closely followed crypto trader says he’s looking to scoop up more of a Solana (SOL)-based memecoin amid the market correction. The pseudonymous analyst known as Altcoin Sherpa tells his 236,000 followers on the social media platform X that he’s got his eye on Fartcoin (FARTCOIN), a memecoin that was created by an anonymous developer […]

The post Trader Doubles Down on Solana Memecoin, Says Crypto Markets About To Save Underwater Positions appeared first on The Daily Hodl.

Janet Yellen Warns ‘Extraordinary Measures’ Incoming As $36,288,567,567,400 National Debt Approaches Ceiling

Hyperliquid rolls out native staking on mainnet

According to data from ASXN, $344 million in HYPE tokens have been staked, representing a total value of over $9 billion as of Dec. 30.

Decentralized finance (DeFi) protocol Hyperliquid has launched native staking on its mainnet, allowing holders to receive rewards for securing the network. 

According to a Dec. 30 announcement, users can pick validators to stake tokens based on different metrics, such as uptime, commission, reputation, and community contributions. The featured debuted with 16 validators.

The Hyperliquid protocol offers decentralized trading for crypto assets. According to DefiLlama, it has amassed over $12 billion in trading volume in December, generating more than $8.6 million in cumulative revenue. 

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Janet Yellen Warns ‘Extraordinary Measures’ Incoming As $36,288,567,567,400 National Debt Approaches Ceiling

Top Trader Says Altcoin That’s Exploded Over 600% in Under a Month Primed To Experience a ‘Long Slow Bleed’ Down

Top Trader Says Altcoin That’s Exploded Over 600% in Under a Month Primed To Experience a ‘Long Slow Bleed’ Down

A widely followed crypto analyst is issuing a warning about one red-hot utility altcoin, saying it could be in for a slow bleed to the downside. Pseudonymous crypto trader Bluntz tells his 305,200 followers on social media platform X that HYPE, the native altcoin of decentralized perpetual trading platform and layer-1 blockchain Hyperliquid, may be […]

The post Top Trader Says Altcoin That’s Exploded Over 600% in Under a Month Primed To Experience a ‘Long Slow Bleed’ Down appeared first on The Daily Hodl.

Janet Yellen Warns ‘Extraordinary Measures’ Incoming As $36,288,567,567,400 National Debt Approaches Ceiling

Hyperliquid net outflows top $250M amid fears over North Korea hackers

Hyperliquid saw over $256 million in net outflows as security experts revealed that North Korean threat actors had been trading on the platform.

Hyperliquid suffered its largest single-day outflow after security experts said North Korean hackers were trading on the new layer-1 crypto derivatives platform. 

Metmask security researcher Tay Monahan said in a Dec. 23 X post that Democratic People’s Republic of Korea (DPRK)-linked hackers had been using the platform as early as October. 

“Yall, DPRK doesn’t trade. DPRK tests,” Monhan added in a follow-up post.

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Janet Yellen Warns ‘Extraordinary Measures’ Incoming As $36,288,567,567,400 National Debt Approaches Ceiling

Bitcoin and Crypto Markets Dip As North Korean Hacking Threat Triggers $112,000,000 in Outflows From Hyperliquid

Bitcoin and Crypto Markets Dip As North Korean Hacking Threat Triggers 2,000,000 in Outflows From Hyperliquid

Bitcoin led a crypto market correction early Monday, taking BTC to the $92,762 level and putting it down over 12% over the last seven days. At the tail end of the weekend, well-known blockchain security expert Taylor Monahan who works for crypto wallet MetaMask reported that several addresses linked to the DPRK were trading on […]

The post Bitcoin and Crypto Markets Dip As North Korean Hacking Threat Triggers $112,000,000 in Outflows From Hyperliquid appeared first on The Daily Hodl.

Janet Yellen Warns ‘Extraordinary Measures’ Incoming As $36,288,567,567,400 National Debt Approaches Ceiling

Hyperliquid’s HYPE token surges 60% after billion-dollar airdrop

Hyperliquid has distributed over 300 million HYPE tokens to eligible community members on Nov. 29.

Decentralized finance (DeFi) protocol Hyperliquid has entered the ranks of the largest airdrops in history with its genesis event on Nov. 29, when it distributed 310 million HYPE tokens to its community.

At the launch, the HYPE token was valued at $3.90, placing the total distribution at $1.2 billion, according to data from CoinGecko. The token’s value jumped by 63% within approximately 12 hours, trading at $6.16 at the time of this report. Its market capitalization currently nears the $2 billion mark. 

HYPE token price on Nov. 29. Source: CoinGecko

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Janet Yellen Warns ‘Extraordinary Measures’ Incoming As $36,288,567,567,400 National Debt Approaches Ceiling

HYPE Mania: Hyper Foundation Drops $1.74B Airdrop on Decentralized Finance

HYPE Mania: Hyper Foundation Drops .74B Airdrop on Decentralized FinanceThe Hyper Foundation has completed a major airdrop of its native cryptocurrency, HYPE, bringing the total circulating supply to 333,928,180 tokens. With a market capitalization of $1.74 billion, the event highlights the foundation’s goals toward enhancing the Hyperliquid ecosystem. Hyper Foundation Shakes the Market Founded to support Hyperliquid, a decentralized trading platform and layer one […]

Janet Yellen Warns ‘Extraordinary Measures’ Incoming As $36,288,567,567,400 National Debt Approaches Ceiling

Bitcoin’s Blockchain Growth Accelerates With Trend of Ordinal Inscriptions

Bitcoin’s Blockchain Growth Accelerates With Trend of Ordinal InscriptionsThe Bitcoin blockchain has 40.49 gigabytes (GB) to go until it reaches half a terabyte (TB), and with the recent trend of Ordinal inscriptions, it’s likely to get there faster. The average block size reached a high of 2.52 megabytes (MB) on Feb. 12, 2023, but block sizes have subsided and dropped to an average […]

Janet Yellen Warns ‘Extraordinary Measures’ Incoming As $36,288,567,567,400 National Debt Approaches Ceiling

While the Merge Led the Bear Market Rise, Hype Has Been Erased and Ethereum Now Leads the Slide

While the Merge Led the Bear Market Rise, Hype Has Been Erased and Ethereum Now Leads the SlideWith just over two weeks left until The Merge, ethereum’s value against the U.S. dollar has lost all the gains the crypto asset recorded leading up to the hardened date. In mid-August, ether managed to climb above the $2K zone but since then, the second largest cryptocurrency by market cap lost 23% over the past […]

Janet Yellen Warns ‘Extraordinary Measures’ Incoming As $36,288,567,567,400 National Debt Approaches Ceiling