Blue Star’s SatoshiPay Hit by Hyperbridge Exploit but Accelerates DeFi and Payments Expansion

Blue Star Capital ( (GB:BLU) ) has shared an announcement.

Blue Star Capital reported that its investee SatoshiPay has incurred an estimated US$250,000 exposure from a US$2.5 million exploit of the Hyperbridge cross-chain protocol, after an attacker minted fraudulent bridged DOT and drained liquidity via SatoshiPay-linked pools on Uniswap. The company stressed the incident stemmed from a third-party vulnerability, confirmed SatoshiPay’s own Pendulum and Vortex networks and user funds remain secure, and said SatoshiPay is working with ecosystem partners and Hyperbridge on remediation and potential recovery.

Alongside the incident update, Blue Star highlighted progress across SatoshiPay’s product suite, including the integration of its Pendulum FX decentralised exchange on the Base network by major DeFi aggregators 0x and KyberSwap to drive liquidity and user reach. SatoshiPay is also advancing its Vortex fiat-to-crypto ramp, targeting near one-minute settlement for select corridors, and has finalised a partnership with AlfredPay to anchor its North American expansion, with live testing under way and initial focus on Mexico and Colombia.

Spark’s Take on BLU Stock

According to Spark, TipRanks’ AI Analyst, BLU is a Neutral.

The score is held down primarily by weak financial performance (minimal/negative revenue, recurring losses, and persistent negative cash flow). Technicals are a partial offset due to a strong uptrend, but overbought signals add risk. Valuation remains challenged given negative earnings and no dividend yield data.

To see Spark’s full report on BLU stock, click here.

More about Blue Star Capital

Blue Star Capital is an AIM-quoted investing company focused on new technologies, particularly blockchain and payments, with holdings including SatoshiPay, Dynasty Media & Gaming and Paidia. Its key investee SatoshiPay is a blockchain technology firm developing fiat-to-crypto ramping, cross-chain infrastructure and decentralised exchanges aimed at connecting stablecoins and traditional currencies to DeFi and cross-border payments.

Average Trading Volume: 279,112

Technical Sentiment Signal: Hold

Current Market Cap: £6.06M

See more data about BLU stock on TipRanks’ Stock Analysis page.