Trader Warns Altcoin That’s Up 9,000%+ in Two Months Primed for a Pullback, Updates Outlook on Hyperliquid

January 2, 2025 The Daily Hodl

Widely followed trader Altcoin Sherpa says that one artificial intelligence (AI)-focused crypto asset is about to present opportunities for bulls. Altcoin Sherpa tells his 236,000 followers on the social media platform X that ZEREBRO, which bills itself as an AI system that autonomously creates and distributes content onto various platforms, may allow entries in the […]

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BRICS Watch: Russian Finance Minister Highlights Digital Assets’ Role for Bloc’s Future

Hyperliquid Launches HYPE Staking to Amplify Network Decentralization

December 31, 2024 Bitcoin.com

bitcoin.com

According 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 […]

BRICS Watch: Russian Finance Minister Highlights Digital Assets’ Role for Bloc’s Future

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

December 31, 2024 The Daily Hodl

ai16z

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 […]

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BRICS Watch: Russian Finance Minister Highlights Digital Assets’ Role for Bloc’s Future

Hyperliquid rolls out native staking on mainnet

December 30, 2024 Coin Telegraph

Coin Telegraph

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.

BRICS Watch: Russian Finance Minister Highlights Digital Assets’ Role for Bloc’s Future

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

December 27, 2024 The Daily Hodl

Altcoin Sherpa

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 […]

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BRICS Watch: Russian Finance Minister Highlights Digital Assets’ Role for Bloc’s Future

Korean Hackers Lose Big Trading on Hyperliquid: Are They Poking for Holes?

December 25, 2024 Bitcoin.com

bitcoin.com

Addresses linked to North Korean hackers have lost nearly half a million dollars betting on ether using Hyperliquid, a decentralized exchange with its own layer one (L1) blockchain platform. While rumors of an impending exploit circulated on social media, Hyperliquid denied all allegations, stating that no exploit was detected or reported by third parties. Korean […]

BRICS Watch: Russian Finance Minister Highlights Digital Assets’ Role for Bloc’s Future

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

December 24, 2024 Coin Telegraph

Hyperliquid net outflows top 0M amid fears over North Korea hackers

Coin Telegraph

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.

BRICS Watch: Russian Finance Minister Highlights Digital Assets’ Role for Bloc’s Future

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

December 23, 2024 The Daily Hodl

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

Altcoins

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 […]

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BRICS Watch: Russian Finance Minister Highlights Digital Assets’ Role for Bloc’s Future

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

November 29, 2024 Coin Telegraph

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

BRICS Watch: Russian Finance Minister Highlights Digital Assets’ Role for Bloc’s Future

The Big Role Ethena’s USDE Could Play in Hyperliquid’s Upcoming Mainnet

October 17, 2024 Bitcoin.com

bitcoin.com

Ethena has proposed integrating its liquidity and hedging engine into Hyperliquid, a layer one (L1) blockchain set to launch its EVM mainnet. The proposal includes adding USDE, Ethena’s stablecoin, within the Hyperliquid ecosystem upon mainnet launch. Ethena Eyes Hyperliquid’s Rapid Growth for Next Phase of USDE Expansion The proposal outlines a cautious approach to integrating […]

HyperLiquid