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Memristor-based systems and their potential applications, in which memristor is both a nonlinear element and a memory element, have been received significant attention recently. A memristor-based hyperchaotic system with hidden attractor is studied in this paper. The dynamics properties of this hyperchaotic system are discovered through equilibria, Lyapunov exponents, bifurcation diagram, Poincaré map and limit cycles. In addition, its anti-synchronization scheme via adaptive control method is also designed and MATLAB simulations are shown. Finally, an electronic circuit emulating the memristor-based hyperchaotic system has been designed using off-the-shelf components.