According to Decrypt, Binance experienced the largest hack in cryptocurrency history just as Hyperliquid began offering a fully regulated perpetual contracts product inside the United States. The timing positioned Binance’s security incident as the dominant story of the period, overshadowing Hyperliquid’s significant operational milestone.
Hyperliquid opened access to its U.S.-compliant perps offering, marking what the company described as its biggest day in terms of regulatory progress and market activity. The offering reflects compliance with applicable U.S. regulations for perpetual derivatives trading.
Binance did not specify details of the hack in the source material. The incident is identified solely as the largest hack in crypto history based on the provided facts. No further information about the hack’s method, timing beyond “just as,” or Binance’s response is included.
