Hyperliquid Faces $60 Million USDC Outflow Amid North Korean Hacking Rumors, Denies Any Exploit
Decentralized exchange (DEX) Hyperliquid is facing serious turmoil, with rumors that a North Korean hacking group is actively targeting the platform, leading to a $60 million USDC outflow. This has also affected its native token HYPE, which has plummeted more than 10% in the past 24 hours. Cybersecurity expert Tayvano revealed on December 22 that on-chain evidence suggests that North Korean hackers have been targeting Hyperliquid. The hackers have been actively trading on the platform and have lost more than $700,000 since the campaign began. However, Hyperliquid Labs denies that the platform has any vulnerabilities or vulnerabilities and assures users that funds are safe.
