Hyperliquid Suffers 1.23 Billion Liquidation As Over 6300 Wallets Face Massive Losses Hyperliquid witnessed one of the most significant liquidation cascades ever documented in the history of crypto trading. In just one day, over 6,300 wallets experienced substantial losses, amounting to a staggering $1.23 billion in lost trader capital. In this scenario, more than 1,000…
Hayes Sparks Selloff With Big HYPE Sale This week, Arthur Hayes made headlines by selling more than 96,000 HYPE tokens for $4.8 million. Reports confirmed that the sale took place on Sunday, just after he publicly promoted the project. This sudden change made investors uneasy and made them wonder what his real plans were for…
The New Bitcoin All-Time High and Subsequent Fall The cryptocurrency market began the week with a notable downturn, following a period of significant upward momentum. Bitcoin, the largest digital asset by market capitalisation, had recently touched a new all-time high of nearly $125,000, marking its fourth such record this year. However, this peak was short-lived,…
The Alarming Reality of Social Engineering in Cryptocurrency The rapid growth and increasing value of digital assets have unfortunately made them a prime target for malicious actors. A recent, high-profile incident involving a staggering $243 million Bitcoin theft serves as a stark reminder of the potent threat posed by social engineering attacks. This case, which…
