Crypto news: Know about Hyperverse Crypto; is it scam? (2024)

Hyperverse Crypto is a new name in the world of cryptocurrency as it was named hyperfund at the time of launch.

Crypto news: Know about Hyperverse Crypto; is it scam? (1)

New Delhi: In the world of cryptocurrency, every day we get new information. Today, a word, hyperverse crypto, has started trending on google. Many people are searching to know about it.

In the article below we will try to describe hyperverse crypto and what makes it different from other cryptocurrencies.

What is Hyperverse?

Hyperverse is made of millions of planets in the metaverse. In this virtual world, players, also known as voyagers, can create tokenized items, start businesses. It is said to provide a fair chance to every resident in the galaxy.

Where reality ends and imagination begins…#Hyperverse, The Metaverse city pic.twitter.com/9LsTwRFLCb

— Steven Reece Lewis (@stevenr_lewis) December 14, 2021

What is Hyperverse Crypto?

Hyperverse Crypto is a new name in the world of cryptocurrency as it was named hyperfund at the time of launch. The Hyperverse Crypto ecosystem offers a decentralized financial infrastructure for digital currency users. The project is based on time travel that comes from the Metaverse effort.

It is reported that investors of the project can explore the cosmos within its metaverse. They can also create things and sell them.

Crypto news: Know about Hyperverse Crypto; is it scam? (3)

The new name was given to Hypefund because of its connection to Ponzi Scam. However, it was also believed to be that the company rebranded to Hyperverse to attract more attention from young investors.

Is Hyperverse Crypto a scam or Legit?

It is alleged that the developers offered 300% ROI for investing in the token. ROI is used for measuring the performance of crypto investment, or the multiple crypto investments. It attracted many young investors due to higher returns.

The project is called Ponzi as the crypto has a website that is not active or functioning, making it difficult to get more details about crypto.

The reviews of users are positive as well as negative. So, people are considering it a Ponzi scam.

Crypto news: Know about Hyperverse Crypto; is it scam? (2024)

FAQs

Crypto news: Know about Hyperverse Crypto; is it scam? ›

A Guardian Australia investigation has revealed widespread losses to the schemes that escaped regulatory warnings in Australia, despite one overseas regulator warning they were a possible “scam” and another calling HyperVerse a “suspected pyramid scheme”.

Is HyperFund a scam or legit? ›

DOJ and SEC unveil charges in $1.9 billion HyperFund cryptocurrency fraud. The Department of Justice announced criminal charges against two people and the guilty plea of a third person for orchestrating a $1.9 billion cryptocurrency fraud scheme known as HyperFund.

How is HyperVerse doing today? ›

HyperVerse Price Summaries

HyperVerse's price today is US$0.00000000107, with a 24-hour trading volume of $12. HVT is +2.18% in the last 24 hours. It is currently -32.27% from its 7-day all-time high of $0.000000001579, and 35.75% from its 7-day all-time low of $0.000000000788. HVT has a max supply of 10 B HVT.

How do you know if a crypto project is legitimate? ›

Here are seven concise steps to help you identify legitimate cryptocurrencies and avoid falling victim to fraudulent schemes:
  1. Research the Team: ...
  2. Review the Whitepaper: ...
  3. Assess Community Engagement: ...
  4. Evaluate Technology and Use Case: ...
  5. Verify Partnerships and Advisors: ...
  6. Check Tokenomics and Distribution:
Mar 7, 2024

Can I get my money back from HyperVerse? ›

The way to get your funds back is by approaching them through the right authority, file a fraud case. If you have been a victim of hyperverse scam, file a complaint with apex chargeback to help you retrieve your funds. Apexchargeback is an online platforms that offers reputable and ethical hacking services.

Can we withdraw money from HyperVerse? ›

HyperUnits were linked to various crypto tokens and once matured could be withdrawn and converted to other cryptocurrencies. While early investors profited and were able to make withdrawals, the scheme has left many investors unable to access their funds. Was this helpful? Thank you for your feedback.

When did HyperFund collapse? ›

In 2022, the HyperFund scheme collapsed and investors were no longer able to make withdrawals. “As alleged in our complaint, Lee and Chunga attracted investors with the allure of profits from crypto asset mining, but the only thing that HyperFund mined was its investors' pockets,” said Gurbir S.

How much is HyperVerse worth today? ›

Today vs. 24 hours ago
AmountToday at 4:07 am24H Change
1 HVT$0.0000000012+0.07%
5 HVT$0.0000000060+0.07%
10 HVT$0.00000001+0.07%
50 HVT$0.00000006+0.07%
4 more rows

What is the future prediction for HyperVerse? ›

HyperVerse price is forecast to reach a low with possibility of $0.00001003 in 2029 and a maximum level of $0.00001161, while the average expected price stands at $0.00001031.

How much is 1 HyperVerse in dollars? ›

HyperVerse to US Dollar
HyperVerse$ US Dollar
10.000000001454
5.000.00000000727
10.000.00000001454
50.000.0000000727
4 more rows

Can I get my money back if I got scammed from Bitcoin? ›

Did you pay with cryptocurrency? Cryptocurrency payments typically are not reversible. Once you pay with cryptocurrency, you can only get your money back if the person you paid sends it back. But contact the company you used to send the money and tell them it was a fraudulent transaction.

Can you trace crypto scammer? ›

Yes, contrary to popular belief, most cryptocurrency is traceable with the right tools and expertise. Blockchain ledgers that record cryptocurrency transactions use a unique address of numbers and letters to identify each user.

Are there fake crypto wallets? ›

Fake Wallets

Fraudsters use fake wallet scams to dupe investors into thinking they're storing their assets in legitimate digital wallets. Scammers ask investors to enter their private keys, then they use those private keys to steal investors' crypto holdings.

What is happening to HyperVerse now? ›

However, once the money stopped coming through fast enough, the company collapsed. According to the U.S. Securities and Exchange Commission (SEC), HyperVerse had “no apparent legitimate source of revenues” and “investor withdrawals were paid with new investor deposits”.

Is it safe to invest in HyperVerse? ›

Hyperfund / Hyperverse / Hypernation is not a trusted broker because it is not regulated by a financial authority with strict standards. We recommend you open an account only with brokers that are overseen by a top-tier and stringent regulator.

Where is HyperVerse located? ›

Hyperverse headquarters are at New York City, New York, United States.

Is HyperVerse a scam or real? ›

In reality, h5.thehyperverse.net was a con designed to extract as much money and crypto out of investors as possible. Like many investment scams, it was only when investors attempted to make a withdrawal from HyperVerse that the scam became apparent.

Is HyperFund FCA approved? ›

This firm is not authorised by us and may be targeting people in the UK.

How does HyperFund work? ›

You become a member of HyperFund by buying convertible bonds. Depending on market conditions Hyperfund guarantees 2 to 3 times return (Currently three times) on the purchase and pays this back at the rate of 0.5% per day. You can purchase any number of bonds and structure them optimally.

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