Hyperliquid ditches JELLYJELLY, profits $700K as whale’s gambit backfires

Key Takeaways Hyperliquid narrowly avoided a $12 million loss in what appears to be a Jelly-My-Jelly token manipulation scheme. Concerns have been raised about Hyperliquid’s liquidation mechanism and associated risks. Share this... Read more »

Hyperliquid whale denies cybercrime claims, ZachXBT to release evidence

Key Takeaways The Hyperliquid whale is defending against allegations by ZachXBT of using illicit funds. ZachXBT plans to release further evidence detailing the origins of the trader’s funds. Share this article An... Read more »

PENGU token plunges 50% after airdrop as Pudgy Penguins NFT floor price tumbles

Key Takeaways PENGU token plummeted over 50% in value following its airdrop. The decline in PENGU token also led to a sharp drop in Pudgy Penguins NFT floor price. Share this article... Read more »