Hyperliquid net outflows top $250M amid fears over North Korea hackers

Hyperliquid has seen over $256 million in net outflows as security experts revealed that North Korean threat actors had been trading on the platform.

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Hyperliquid has suffered its largest single-day outflow after security experts said that North Korean hackers were trading on the new layer-1 crypto derivatives platform. 

Metmask security researcher Tay Monahan said in a Dec. 23 X post that Democratic People’s Republic of Korea (DPRK)-linked hackers had been using the platform from as early as October. 

“Yall, DPRK doesn’t trade. DPRK tests,” Monhan added in a follow-up post.

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