North Korean hack fears sent Hyperliquid’s HYPE token on a rollercoaster

Hyperliquid, a Layer 1 blockchain, and decentralized exchange, faced sharp declines in token value and total value locked (TVL) over the weekend after reports surfaced of potential involvement by North Korean hackers. Security expert Taylor Monahan flagged suspicious wallet activity linked to the Democratic People’s Republic of Korea (DPRK) on Dec. 22, triggering a 20% … Continue reading North Korean hack fears sent Hyperliquid’s HYPE token on a rollercoaster