In this work, we present new results for a two-scroll 4-D hyperchaotic system with a unique saddle point equilibrium at the origin. The bifurcation and multi-stability analysis for the new hyperchaotic system are discussed in detail. As a control application, we develop a feedback control based on integral sliding mode control (ISMC) for the complete synchronization of a pair of two-scroll hyperchaotic systems developed in this work. Numerical simulations using Matlab are provided to illustrate the hyperchaotic phase portraits, bifurcation diagrams and synchronization results. Finally, as an electronic application, we simulate the new hyperchaotic system using Multisim for real-world implementations.