Ducks4brkfast said:

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We can add more at 70

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Starting to feel like it may not go back into the 70s

I am excited to be an investor in trade(xyz) as they partner with ICE to bring 24/7 perpetual futures on Hyperliquid to the United States. As a market participant, I am looking forward to to using their innovative product to enhance my investment process.

— Stan Druckenmiller (@standuquesne) October 29, 2026

The GOAT is in. Hyperliquid

Any information on tbe hack? Does Binance have to buy spot to cover?

Just $3.3B, no biggie

Mas89 said:

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Poof. It's gone with the wind. Digital assets just waiting to be hacked. Nobody to hold responsible.
Am I missing something? Never have understood crypto craze or its " investors".

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The problem was a laptop exploit enabled by inadequate security procedures on exchange hot wallets used for customer withdrawals. No customer funds affected.

No customer funds affected YET.

Mas89 said:

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No customer funds affected YET.

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No evidence that they will be. And the sun has not burned out yet either.

The way it was handled quickly, funds will be returned. Im not sure its bad for crypto in any long term way

That's why I was asking if Binance has to spot buy to cover lost assets. I assume the stolen ones will be hard to off load for sometime.

jamey said:

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The way it was handled quickly, funds will be returned. Im not sure its bad for crypto in any long term way

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From my understanding, Binance is eating the full loss in lieu of any potential customer loss. Kudos to them but not sure that is something that we can count to be policy forever for them or any other similar platform.

Eliminatus said:

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jamey said:

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The way it was handled quickly, funds will be returned. Im not sure its bad for crypto in any long term way

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From my understanding, Binance is eating the full loss in lieu of any potential customer loss. Kudos to them but not sure that is something that we can count to be policy forever for them or any other similar platform.

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I thibk the bigger take away js this wasnt a hack of any protocol. It was sloppy security with a Dev engineers laptop. Thats an easy fix not related to crypto itself.


And they were able to quickly stop and retrieve something like 90% of it

jamey said:

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Eliminatus said:

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jamey said:

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The way it was handled quickly, funds will be returned. Im not sure its bad for crypto in any long term way

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From my understanding, Binance is eating the full loss in lieu of any potential customer loss. Kudos to them but not sure that is something that we can count to be policy forever for them or any other similar platform.

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I thibk the bigger take away js this wasnt a hack of any protocol. It was sloppy security with a Dev engineers laptop. Thats an easy fix not related to crypto itself.


And they were able to quickly stop and retrieve something like 90% of it

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We are still not sure what the parameters of the attack were per se for the laptop. Likely sloppy handling as they usually are but nothing confirmed.

And nothing was retrieved.l as of yet. The 90% you read is Binance personally eating 90% of the loss instead of its customers. They are emptying their safety fund and then taking the hit on their bottom line directly from their own treasury. The other 10% is other types of coins that don't move as quickly and which they are buying to stabilize the market and eventually will equal out to absorb the entire 3.3bln dollar loss. Again, kudos to them for taking the hit. Though they probably kind of have to. Can you imagine the run on crypto if they hadn't?