Retail trader 🇬🇷 I risk money so you don’t have to. (You still will.)
Greece
Joined October 2023
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Billy retweeted
You can say whatever you want, but I believe we're witnessing the beginning of the end of CEX dominance and a much larger shift toward onchain finance.
And the irony is that this transition started four years ago.
In 2022, the collapse of FTX reinforced Jeff's conviction that the industry needed a fundamentally different financial system. He went on to build Hyperliquid.
Today Binance, the world's largest CEX, suffers a security breach with an estimated $6.3 BILLION impact.
Different crises, same structural weakness: too much custody, control, and risk concentrated in centralized institutions
FTX exposed the fragility of the old model.
Binance is another reminder that those vulnerabilities haven't disappeared.
I believe Hyperliquid's time has come.
Not just to compete, but to dominate.
$HYPE may win.
Binance's initial investigation suggests that the security incident may involve a compromised DevOps engineer’s laptop, which allowed an attacker to gain access to a service container and submit unauthorized withdrawal transactions. We have found no evidence of any wallet private key leak. We will share a detailed technical post-mortem once the investigation is complete and the facts are fully verified.
The estimated total impact sits at around $6.3B. We have worked with blockchain partners to freeze affected assets, with ~$3 billion frozen on-chain so far.
Binance will cover all losses from the SAFU fund and the company’s funds. User funds are safe. We will also publish an updated Proof of Reserves once the remediation is complete.
As an immediate precaution, Binance has:
- temporarily suspended deposits and withdrawals while security checks are completed;
- revoked the affected address authorisation;
- engaged law enforcement and blockchain intelligence partners to trace and recover funds.
Our teams are working around the clock to resolve this issue safely and thoroughly. We are working closely with our law enforcement partners to confirm the identity of these criminals and bring them to justice.
Please rely only on official Binance channels for updates. Please feel free to contact Binance Customer Support if you have any further questions.
binance.com/en/support/annou…
Billy retweeted
JUST IN: Elon Musk reacts to billionaire investor Stan Druckenmiller backing 24/7 Hyperliquid $HYPE futures trading in the US:
"Interesting"
Big News
Intercontinental Exchange (ICE) and trade[XYZ] have announced their plan to use Hyperliquid as the infrastructure layer to deploy perpetual futures markets for US traders across crypto, equities, commodities, foreign exchange, and other real-world assets, subject to regulatory approvals. ICE operates NYSE and some of the largest exchanges and clearing houses globally.
In this structure:
+ Hyperliquid serves as the underlying technology infrastructure via HIP-3*
+ trade[XYZ] designs and implements the markets
+ ICE operates the regulated market and clearing structure
Existing trade[XYZ] HIP-3 markets will remain unchanged.
Hyperliquid is a neutral infrastructure layer with the goal of supporting large parts of the financial system. As with HIP-3, HIP-3* deployers are independent operators who use Hyperliquid as the onchain infrastructure layer for their own markets, while retaining control and responsibility over their deployment.
Billy retweeted
trade[XYZ] and ICE, owner of the New York Stock Exchange, are joining forces to bring 24/7 perpetual futures on Hyperliquid to the United States.
In just over a year, our markets on Hyperliquid have surpassed $650 billion in volume. They provide continuous price discovery for stocks, indices, and commodities, and have become trusted reference points for retail and institutions alike when traditional markets are closed. Much of the world trades them. Until now, Americans could only watch.
We intend to change that. Subject to CFTC approval, trade[XYZ] and ICE plan to establish a new, dedicated U.S. market, with novel exchange and clearing infrastructure built on Hyperliquid. Planned contracts span equities, indices, commodities, FX, and crypto, with access through participating brokers and platforms. We’ll share more on products, eligibility, and timing as approvals progress.
ICE brings more than 25 years of experience operating regulated markets, clearing, and managing risk. trade[XYZ] brings the product development, market design, and technology behind the most liquid and robust markets on Hyperliquid.
Innovation and the protections of U.S. regulation shouldn’t be a trade-off. Together, we plan to prove it.
ICE is making a strategic investment in trade[XYZ] and joins us in building towards the future of Hyperliquid. A small group of market luminaries is joining as well, beginning with Stan Druckenmiller. For more than four decades, few investors have anticipated the great turns in markets as often as Stan. We’re proud to have him with us for the next one.
We’re building the U.S. market in parallel with our existing HIP-3 markets, which we’ll continue to expand and innovate on. We expect both to flourish. They each have a long road map ahead, from new asset classes to new ways to trade them.
To the Hyperliquid community, whether you were here before us or came because of us, thank you. You took a chance on new markets and you made them matter. You’ll forever be a part of this story.
Anything. Anytime. On ICE[XYZ].
My SmartX trader type: “The Limit Sniper.”
“The limit order was perfect. Shame you two never met.”
Find yours in 6 questions. Join the waitlist for up to 50% off fees and a share of 10,000 USDT in rewards.
smartx.io/waitlist/?invite=v…
Billy retweeted
👀
More Breakpoint 2026 speakers are confirmed.
The apps putting markets in everyone’s pocket, the investors backing what comes next and the infrastructure underneath it all, in London this November.
ALT Breakpoint 2026 speakers announced: Se Yong Park (fomo), Kash Dhanda (Jupiter), Matt Hougan (Bitwise), Nemil Dalal (Y Combinator), Mert (Helius), Andrea Griffin Miele (Beezie). 15-17 November 2026.
Exactly a year ago, crypto has the biggest liquidation day ever. Somehow I managed my assets better that day than I did today..LMAO
Billy retweeted
One year ago today, crypto suffered its largest liquidation event in history, wiping out over $19,100,000,000 in leveraged positions.
Billy retweeted
You cannot fucking tweet this. I am fuming.
I hate that crypto accounts like this have such big distribution, and write literal heart attack fucking nonsense for engagement.
This is not a major Ledger exploit. This is people that bought ledgers from resellers getting drained by scammers.
Never ever buy Hardware wallet from resellers.
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