What is Hyperliquid? Hyperliquid is a decentralized perpetual exchange operating on its own high-performance layer-1 blockchain, HyperEVM. It specializes in perpetual futures trading, allowing users to speculate on crypto prices without holding the underlying assets.  The HyperEVM mainnet has been launched with smart contract capabilities while preserving its fast, low-latency trading. A key feature of Hyperliquid is…

The US Securities and Exchange Commission has agreed to dismiss its lawsuit against centralized exchange firm Coinbase, which had accused the company of operating as an unregistered securities broker. According to an announcement from Coinbase, the dismissal is still subject to approval by an SEC commissioner before the suit is officially withdrawn. Coinbase CEO Brian Armstrong said: “If…

Cryptocurrency exchange Bybit was exploited for more than $1.4 billion on Feb. 21, making it the single largest hack in the industry’s 15-year history. In value terms, the single attack represented more than 60% of all crypto funds that were stolen in 2024, based on Cyvers data. Hacks and scams have become commonplace in crypto, creating…