On March 26, 2025, another incident of manipulation with the HLP Vault mechanism occurred on Hyperliquid. An anonymous trader triggered the liquidation of a margin short position on the Jelly-My-Jelly (JELLYJELLY) token, forcing the platform to assume loss-making obligations.
Bitcoin’s relevance is increasing ahead of the 2024 U.S. Presidential election as Joe Biden and Donald Trump are expected to face off once more for the White House, according to a Tuesday survey by Grayscale.