I can confirm that by uninstalling the KB5046740 update from Windows 11 Pro 24H2, Hyperspin does seem to work again.
The screenshot below shows my system is up to date, but KB5046740 is ready for download again after I had uninstalled it.
Uninstall updates from Windows 11: Update > Update History > Uninstall Updates (I was able to uninstall KB5046740 using this method)