The crypto community was just recovering from the aftermath of the Bybit hack, which saw North Korean hackers loot $1.3B from the exchange’s cold storage, and now we’ve had yet another sensational malicious activity.
This time it’s Hyperliquid in the firing line. Read on to find out exactly what went down and how a privacy-first crypto project like Best Wallet Token ($BEST) could potentially 100x as a result?
Dissecting the Hyperliquid-Jelly Meltdown
Trending: Rising Bull Riding Star, 24, Trampled to Death at Rodeo
The popular decentralized crypto exchange Hyperliquid recently delisted the Jelly-my-Jelly ($JELLY) meme coin on the grounds of suspicious trading activity
$JELLY, by the way, fell from $0.21 all the way to $0.01 in just 10 days after its launch on January 30. However, it skyrocketed 400% on March 26, which is when chaos
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!