Singapore Grapples with 'Most Dangerous Product in Crypto' from Hyperliquid Labs
UKPulse Money Desk
Singapore is reportedly attempting to distance itself from Hyperliquid Labs and its 'perps' product, which has been described as the 'most dangerous product in crypto'.
- Singapore is reportedly vexed by a product described as the 'most dangerous product in crypto'.
- The product, known as 'perps', originates from homegrown Hyperliquid Labs.
- The city-state is attempting to distance itself from Hyperliquid Labs due to its aversion to risk and scandal.
Singapore is reportedly seeking to distance itself from Hyperliquid Labs, a homegrown company, and its popular 'perps' product. The product has been labelled as the 'most dangerous product in crypto'.
The city-state is said to be averse to the risk and potential scandal associated with Hyperliquid Labs and its offerings.