- Hyperliquid witnessed a record USDC outflow.
- The outflow coincides with reports of possible attacks from DPRK hackers.
Hyperliquid[HYPE] has once again made headlines, though perhaps not in a way its token holders would prefer. Concerns have been raised over a potential security attack on the network, coinciding with a substantial outflow of USDC on the 23rd of December.
While these events may not be directly connected, they have sparked significant discussion within the crypto community.
Is Hyperliquid under attack?
According to Taylor Montana, a security researcher, suspicious transactions linked to wallets associated with North Korea were detected on the Hyperliquid network.
Montana suggested that these transactions could have been test trades, potentially laying the groundwork for a more extensive attack. Her analysis revealed that the wallets incurred a $701,000 loss from Ethereum perpetual positions.
While this loss may seem minor compared to the gr…
Read Entire Article
Screenshot generated in real time with SneakPeek Suite
BitRss World Crypto News | Market BitRss | Crypto Deals
Design By New Web | ScriptNet