Author: Liam Hunter

Liam Hunter focuses on the on-chain systems where liquidity, risk and protocol mechanics become visible. He writes about DeFi, DEXes, perpetuals, Smart Money flows, hacks and Ethereum-linked infrastructure, with an emphasis on what the data shows, what remains uncertain and where market interpretation can go too far.Market developments and regulatory context are part of his reporting when they intersect with Web3 or DeFi activity.

The Hyperliquid Strategies treasury entity formally executed the contractual amendment on September 1, 2026, expanding its financing line with Chardan Capital Markets from $1.0 billion to $2.5 billion. The transaction appears in an SEC regulatory filing that authorizes the Nasdaq-listed firm to issue new common shares periodically across public markets to support capital deployment.

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Crypto wallet addresses linked to the North Korean cyber syndicate Lazarus Group moved $30 million in assets through the decentralized exchange Hyperliquid on September 1, 2026. The organization remains under sanctions by the US Office of Foreign Assets Control. On-chain transaction data showed that the identified wallets routed initial deposits in Bitcoin to Hyperliquid and the bridging platform HyperUnit. The operators subsequently traded the assets into Ether and Solana within the protocol ecosystem. Following the conversion, the funds were bridged across the Tron, Solana, and Ethereum blockchains. This multi-chain routing was designed to split the transaction volume and obscure transaction…

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