“Binance’s $6.4B Hack Overshadows Hyperliquid’s U.S. Perps Launch | Nova Global News” — what this page in the network covers. Crypto markets reeled this week as Binance, the world’s largest exchange, disclosed a $6.4 billion exploit — the biggest hack in the industry’s history. The breach, which targeted a cross-chain bridge, forced Binance to suspend withdrawals and triggered a sharp sell-off in Bitcoin and major altcoins The breach, which targeted a cross-chain bridge, forced Binance to suspend withdrawals and triggered a sharp sell-off in Bitcoin and major altcoins. Meanwhile, Hyperliquid celebrated its most significant milestone yet: the launch of fully regulated perpetual futures trading for U.S.
customers, a first for a decentralized exchange. entry, hailed as a breakthrough for compliant DeFi, was drowned out by the Binance security failure, which reignited fears about centralized exchange vulnerabilities. Analysts note that Hyperliquid’s regulatory approval could accelerate institutional adoption of on-chain derivatives, but the hack underscores why users demand proof of reserves and insurance funds. The full version stays on the original page, which this listing opens directly.