gmluqa retweeted
> I offer to KYC to get @HyperliquidX to unban my wallets from the official frontend
they ignore all my messages on my discord ticket and I get left on read on TG
+ today I find out that not only did they close my ticket, they banned me from the discord with no warning (I hadn’t sent a message in any public channels and I hadn’t sent a message in the ticket for weeks)
> all the .hl’s: “you can’t expect hyperliquid, a chain with no KYC, to take your KYC. it will set a precedent and make it easier for regulators to come after them. you are one small fish, you are not worth jeopardising an eMpIre over, just uSe aNoThEr fRoNtEnd (and forget your airdrop)”
> I tell the .hl’s (and I still consider myself a hyperliquid maxi) that their silence towards, and in many cases, approval of hyperliquid blindly banning any wallet with the slightest blemish on @chainalysis
(NB: chainalysis doesn’t even blanket flag any wallet that has ever touched HTX, or a wallet that has touched HTX, or a wallet that touched that wallet etc, after may 26th as high risk
they take into account what % of that wallet’s funds came from HTX, how many transfers etc
but hyperliquid set all their tolerance thresholds to 0)
> now there will be functionality AT THE CHAIN LEVEL for blocking wallets, geoblocking (yes, they can geoblock wallets because they can see which wallets deposited to US CEXs onchain) and most probably enforcing KYC
the .hl’s are actually celebrating because they assume it means that coinbase can now make a KYC’d builder frontend on top hypercore for US users and send HYPE to 3 digits
but this is NOT about frontends, this is HIP-3 deployers blocking wallets AT THE CHAIN LEVEL from sending txns
so no, you will not be able to just uSe aNoThEr fRoNtEnd in the future
what if tradexyz ban wallets that have touched HTX from actually sending txns?
and if it’s there at the chain level for HIP-3 deployers, the door is open for regulators to force hyperliquid to implement it for validator perps too
how can they use the defence of “we are a decentralised blockchain, we can’t control who sends txns on it, we can only control who accesses the frontend” anymore?
TLDR:
1) @chameleon_jeff @xulian_hl @iliensinc @jchervinsky @HyperliquidPC even CEXs allow for extra KYC to unfreeze funds deposited to them from a wallet that had touched HTX
there is no company/protocol that offers 0 recourse to overturn a ban
please respond to my case and unban me from the discord
2) if you are a .hl and my case doesn’t matter to you, you should at least recognise that your silence and tacit or explicit approval partially paved the way for hypercore to eventually become a permissioned blockchain
hyperliquid
new feature observed on hl testnet: stars
afaict stars let deloyers make a hip-3 dex address-allowlisted for trading. testnet allowlist size currently is max 10k addresses. non-allowlisted addresses can still submit reduce-only orders / fund accounts.
see ktob ("BTC Star DEX")
some relevant txs:
0x851e0bc62988fe9e8697042529220801080023abc48c1d7028e6b718e88cd889 (register ktob:BTC)
0x54c1a9c94451ac7e563b0425292214010100c1aedf54cb50f88a551c03558668 (activate star)
0x875b29d555ffdba188d4042529221c01030041baf0f2fa732b23d52814f3b58c (approve trader address)
0x9dbce81f1a86dc269f360425292224010c000004b589faf841859371d98ab611 (unhalt ktob:BTC)
0x3130533baff0a23a32aa0425292ce1010a006b214af3c10cd4f8fe8e6ef47c24 (unapproved address funded)
0x8923485ccfdea73b8a9d0425292d2c01010060426ad1c60d2cebf3af8ed28126 (unapproved address attempts to place order and fails)
0x326fcd720ba84bd833e90425292e06010400e557a6ab6aaad63878c4caac25c2 (approved trader address funded)
0xe070d0c9f5aca692e1ea0425292e33010300e8af90afc56484397c1cb4a0807d (approved trader address places order successfully)
can think of a few reasons why this might be useful, but will refrain from speculation for the time being.
gmluqa retweeted
TIL people in brazil buy stuff with credit cards and pay installments (because living paycheck to paycheck and buying an iphone with money you dont have is FUN); then the sellers instead of waiting a few weeks to get paid the full amount, sell the debt to some other entities for a small discount, and then such entities have decided to hedge the currency risk, create an onchain fund and tokenize it at 14% APR while claiming "0 historical default" lmao
like bro, im fine with farming sats, points, low risk shit for outsized returns thanks to idiots behaving like monkeys, but where in the farmer playbook says i have to have exposure to brazilians paying off their credit card debts lol
also, didnt a company in the us (klarna) which did exactly this recently went bankrupt lmao
what stage of the cycle is this 😩
gmluqa retweeted
⚠️ SHOCKING: My Revolut account has just been BANNED by order of the Public Prosecutor’s Office!
👉🏻 I am living under tyranny and being treated like an international criminal for defending 🇵🇹 and the Portuguese people.
🫵🏻 They are not after me — they are after YOU. I’m just in the way.
The @freedomfactory is so much better than I expected. Was expecting something that was gonna pile up dust, but definitely going to use this more.
Kind of wished it came with derived wallets and not a single privkey.
gmluqa retweeted
> Hyperliquid tech is overrated and whoever is running their growth and attention strategy is underrated.
> Jeff admits there is no marketing department on the team and attributes Hyperliquid's growth to its users.
I accept your compliment, Kain.
Hyperliquid
gmluqa retweeted
We don’t need an enterprise institution to keep data - we have zero knowledge proofs.
This needs to change.
I want to be a customer of the CEX that understands this.
