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A single entity quietly built a $15M Fartcoin long (yes, Fartcoin) across four Hyperliquid wallets, pumped price 20%, then deliberately let the whole thing blow up.
PeckShield calls it a "suicide liquidation." The attacker forced Hyperliquid's auto-deleveraging to swallow the toxic bag, sticking the HLP vault with ~$1.5M in losses. On paper they dropped $3.02M.
Two coordinated short wallets walked off with ~$849k via ADL. Lookonchain tied the same addresses to the April 3 XPL flash crash and says cross-venue hedging likely flipped this into a FAT NET PROFIT!!!!!!
On low-liquidity perps, the exit liquidity is the protocol itself.
🤨Anthropic's Mythos Preview is a vulnerability-hunting AI so dangerous they refuse to release it publicly. It found a 27-year-old OpenBSD bug for under $50, weaponized a Linux CVE overnight for under $2,000, and surfaced flaws in TLS, AES-GCM, and SSH. Coinbase and Binance are begging for access. Bessent and Powell already pulled bank CEOs into an emergency meeting over it.
Quantum is a 2029 problem. Mythos is an April 2026 problem, and DeFi's open-source stack is the first domino.