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The cryptography community was just recovered from the consequences of the Hack bybit, which saw North Korean pirates looting $ 1.3 billion in the cold storage of the exchange, and now we have had another sensational malicious activity.
This time, it’s hyperliquid in the shooting line. Read the rest to discover exactly what happened and how a cryptocurrency project for confidentiality as Best portfolio token ($ better) could potentially 100x?
Dissect the hyperliquid-jelly fusion
The popular Decentralized crypto exchange Hyperliquid recently struck off the play by the same Jelly-J-Jelly ($ Jelly) in the field of a suspicious negotiation activity
By the way, $ Jelly went from $ 0.21 to $ 0.01 in just 10 days after launch on January 30. However, he skyrocketed 400% on March 26, that is to say that chaos took place.
Here is what happened before $ Jelly’s broadcast by hyperliquid last week:
- A large Crypto whale filed $ 7 million on three hyperliquid accounts.
- Two of these accounts took long -term positions on $ Jelly – one of the $ 2.15 million, another of $ 1.9 million respectively.
- The third account took an uncovered position of $ 4.1 million in order to cancel the two long business above.
- While the price of $ Jelly went from $ 0.01 to almost $ 0.45 in just a few hours, the short position was liquidated. But the capture is that it was too large to be liquidated normally.
- Consequently, short trade was sent to Vault (HLP) of the hyperliquidity supplier (HLP).
- However, when the hyperliquid limited the withdrawals of the whale, they used the sale of their remaining $ melly positions.
- This led hyperliquid to close the Jelly $ market completely.
Overall, the trader filed a total of $ 7.17 million, but could only withdraw $ 6.26 million. About $ 900,000 remain with hyperliquidal.
Criticism of hyperliquid
Large -scale crypto personalities, such as the CEO and COO of Bitget, criticized hyperliquid, saying that the exchange deliberately caused losses to the user.
One of them even said that the hyperliquid “could be on the right track to become FTX 2.0”.
Although the world is torn between the recent debacle of hyperliquid, the fact remains that there is an urgent need for a reliable solution for storage and management of cryptography. Enter Best wallet.
What is the best portfolio?
The best portfolio is a new age cryptographic wallet This helps users recover their privacy. To start, it’s a non -guardian portfolio, which means that you alone have the property of your private keys. Therefore, none apart you will be able to access your cryptographic assets.
The application is also delivered with Fireblock MPC-CMP portfolio technology, which uses advanced cryptographic techniques to protect your digital wealth.
We have also been impressed to discover that fantastic security in application and in crypto is supplemented by excellent applications access controls.
Thanks to a plethora of 2FA / MFA options, which include biometrics, you don’t have to worry about the unhappy scenario of your mobile found in bad hands.
The good news continues to come, because the best portfolio also offers its users third -party insurance for all their cryptographic assets stored with the best portfolio. This is a brilliant offer and that you should certainly opt, especially at a time when hacks and scams are as widespread as they are.
In addition to solid security, the best wallet also strikes it outside the park when it comes to being user -friendly. It has elegant applications for Android and iOS – and a browser extension for Desktop is on the way.
Finally and above all, the best portfolio is also a joy for intelligent cryptography investors who like to enter before the pieces are listed on exchanges. This is because the best portfolio is the only crypto portfolio that allows its users to invest New parts of memes on the presale directly from the application.
Buy $ Best – The next crypto to explode
Besides the above, the roadmap for the best portfolio suggests that it will soon offer support to more than 60 channels. This would then make a single window solution to manage all your cryptographic assets.
If you want to be part of Best Wallet’s remarkable growth story, plan to invest in Best portfolio token ($ better) – the native cryptocurrency of the best portfolio and one of the Best cryptos to buy now.
Having $ Best will not only allow you to set up the best takeover of the portfolio market – it plans to capture more than 40% of the non -guardian crypto portfolio market by 2026 – but it is also delivered with its own special advantages.
First and foremost, $ the best investors will have to pay lower transaction fees on the best wallet.
Second, they will have priority access to Best cryptographic presale. In this way, they will be able to become early investors (which means more benefits) in some of the best projects.
Third, $ Best Investors will have the opportunity to win an additional income thanks to Jalititude. The current reward rate is 136%. However, it should be noted that this rate is dynamic and will probably reduce as the price of the best presale occurs.
Speaking of Better presaper token presaleSo far he has collected more than $ 11.4 million, and you can buy each token for only $ 0.024525 if you are entering now.
If it is your first purchase of presale, here is a detailed guide on how to buy $ better. Also, consult our Best prediction of price token price For more details on the future of the crypto.
Aside from the best portfolio, note that the cryptography market is unpredictable. It is in the grip of volatility, which is why you have to invest only one amount small enough for you.
As always, we urge our readers to do their own research. This article does not replace the financial advice, after all.