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Phishing attack hits NGRAVE users for $2.65M; Bitquery tracks XMR1 buys on Hyperliquid

TradingGain NewsroomTradingGain Newsroom··20 Oct 2026, 14:00 UTC

NGRAVE users were hit by a phishing attack worth $2.65 million. Bitquery has followed the funds into XMR1 purchases on Hyperliquid, but it cannot confirm that every wallet belonged to an NGRAVE user. The story points to ongoing pressure on crypto wallet security, which may make traders more cautious about where they hold funds.

HYPEAt the time of writing, Hyperliquid traded at $81.40 (+3.76% in 24h).Live price →

Why it matters

  • The reported loss from the phishing attack is $2.65 million.
  • Bitquery traced funds into XMR1 purchases on Hyperliquid.
  • Not every affected wallet has been confirmed as an NGRAVE user.

What to watch next

Watch for any official update from NGRAVE or Bitquery that confirms which wallets were affected and how the funds moved.

This brief is written by TradingGain from public reporting by CryptoSlate.Read original ↗
Phishing attack hits NGRAVE users for $2.65M; Bitquery tracks XMR1 buys on Hyperliquid
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TradingGain News summarises public reports in our own words and always links to the original source. Market Data stories are generated automatically from public exchange data. Nothing on this page is financial advice; always do your own research and use a stop-loss.