North Korean Hackers Test Hyperliquid’s Security: What’s at Stake?
- 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.
DPRK's trading career is…uh….going…..
— Tay
tbh if i was the dude managing Hyperliquid's 4 validators (or those fucking ghetto ass binaries on gh) I would be shitting my pants right now.
Hyperliquid dudes dont seem worried at all though so im sure its fine.pic.twitter.com/JrrU7t1sJe
(@tayvano_) December 22, 2024
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…
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North Korean Hackers Test Hyperliquid’s Security: What’s at Stake?
- 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.
DPRK's trading career is…uh….going…..
— Tay
tbh if i was the dude managing Hyperliquid's 4 validators (or those fucking ghetto ass binaries on gh) I would be shitting my pants right now.
Hyperliquid dudes dont seem worried at all though so im sure its fine.
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 More