**Crypto Alert: Hyperliquid Faces Major Outflows Amid Security Concerns**

Hyperliquid, a new layer-1 crypto derivatives platform, recently experienced its largest single-day outflow. Security experts, including Metamask's Tay Monahan, reported North Korean hackers, linked to the DPRK, have been trading on the platform since October.

- Net outflows hit $256 million in 30 hours, with a peak of $502.71 million on Dec. 23.

- Hyperliquid denies any DPRK exploit, assuring all user funds are secure.

- The platform's HYPE token dropped 20% amid the controversy.

Security experts suggest potential defenses include blacklisting addresses and possibly rolling back the Arbitrum Chain.