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MainNewsNorth Korean...

North Korean Hackers Test Hyperliquid’s Security: What’s at Stake?


by Coin Edition
for CoinEdition
North Korean Hacker Addresses Trading on Hyperliquid, Resulting in $700K Loss
  • North Korean hackers caused over $700K loss on Hyperliquid, raising security concerns.  
  • Hyperliquid’s $11.5B trading volume boosted by 310M HYPE token airdrop.  
  • Despite the success, Hyperliquid faces challenges with price stability and token scarcity.

Multiple North Korean hacker addresses were seen trading on Hyperliquid, a decentralized exchange (DEX), according to “@tayvano_” on X. These addresses were linked to a total loss of over $700,000. This trading activity has raised concerns in the crypto community, with many believing these hackers are testing the platform’s security and system stability.

Tay stated his concern about the potential risks to Hyperliquid. He noted that the North Korean hackers are highly skilled and experienced in targeting crypto platforms.

In a message on X, Tay said the hackers seem familiar with Hyperliquid’s…

The post North Korean Hackers Test Hyperliquid’s Security: What’s at Stake? appeared first on Coin Edition.

Read the article at CoinEdition

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MainNewsNorth Korean...

North Korean Hackers Test Hyperliquid’s Security: What’s at Stake?


by Coin Edition
for CoinEdition
North Korean Hacker Addresses Trading on Hyperliquid, Resulting in $700K Loss
  • North Korean hackers caused over $700K loss on Hyperliquid, raising security concerns.  
  • Hyperliquid’s $11.5B trading volume boosted by 310M HYPE token airdrop.  
  • Despite the success, Hyperliquid faces challenges with price stability and token scarcity.

Multiple North Korean hacker addresses were seen trading on Hyperliquid, a decentralized exchange (DEX), according to “@tayvano_” on X. These addresses were linked to a total loss of over $700,000. This trading activity has raised concerns in the crypto community, with many believing these hackers are testing the platform’s security and system stability.

Tay stated his concern about the potential risks to Hyperliquid. He noted that the North Korean hackers are highly skilled and experienced in targeting crypto platforms.

In a message on X, Tay said the hackers seem familiar with Hyperliquid’s…

The post North Korean Hackers Test Hyperliquid’s Security: What’s at Stake? appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Whale Sells 2.2 Trillion PEPE in Loss—Should You Be Worried?

Whale Sells 2.2 Trillion PEPE in Loss—Should You Be Worried?

The market for the meme token PEPE is presenting a conflicting picture for traders, a...
Whales Accumulate ETH and ADA as Retail Sells in Fear, Data Shows

Whales Accumulate ETH and ADA as Retail Sells in Fear, Data Shows

A great divergence is happening within the crypto markets. If you notice, fear-driven...