Hyperliquid team responds to rumors of North Korean hackers

According to previous reports from Zombit, cybersecurity researcher Tayvano warned on X that the recently celebrated decentralized trading platform Hyperliquid has been targeted by a North Korean hacker group and called for the team to take immediate action.

Regarding this incident, the Hyperliquid development team, Hyperliquid Labs, released an announcement on the Discord community platform stating that as of now, Hyperliquid has not been attacked by North Korean hackers, nor has any type of vulnerability attack occurred. All user funds are safe and secure. The team emphasizes that they maintain a high level of importance on operational security (opsec). Currently, no party has reported any vulnerabilities, and the team has a bug bounty program and strictly adheres to the highest security standards in the industry.

However, Hyperliquid Labs further pointed out in the latter part of the announcement that someone had previously claimed to be a member of the security team and attempted to contact the team, but Hyperliquid Labs accused the other party of adding a fraudulent account to the group chat, and subsequent conversations contained insulting and inappropriate remarks, so the team refused to cooperate with them. The announcement stated:

"Previously, someone claimed to be a member of the security team and attempted to contact Labs. However, it needs to be clarified that no one has ever accused Hyperliquid of being attacked. That party added a fraudulent account to the group chat and subsequently engaged in insulting and inappropriate remarks. Given the extremely low professional standard of that party, Labs opted to confirm with trustworthy partners and ensure that we are following best security practices."

HYPE holders continue to criticize Tayvano

The community believes that the person being accused is Tayvano. Therefore, Hyperliquid's token holders and the community continue to attack and insult Tayvano. However, most of them know nothing about opsec and seem to be just defending their own investment portfolio (HYPE).

For example, many people have posted Hyperliquid's bug bounty program online and accused Tayvano of reporting any vulnerabilities to the bounty program if she found them, rather than just talking nonsense on X.

However, this so-called bug bounty program is not actually aimed at the current trading platform or cross-chain bridge, but rather at an unreleased EVM product.

Who is Tayvano?

It is important to emphasize that Tayvano (Tay) is not an unknown person; her real name is Taylor Monahan, the founder of MyCrypto and MyEtherWallet, who has quietly contributed to the blockchain industry for many years without seeking any rewards. Therefore, it can be seen that many industry professionals on social media have expressed their support for Tayvano. Haseeb Qureshi, a managing partner at Dragonfly Capital, stated that every white hat in the cryptocurrency field respects her and everything she does to keep the industry safe.

Yikes. Horrendously bad take. @tayvano_ is an OG. Every white hat in crypto respects the hell out of her and everything she does to keep this industry safe. And no, North Korea probably did not suddenly get into leveraged crypto trading overnight. https://t.co/IqHvBkwyyw

— Haseeb ＞|＜ (@hosseeb) December 23, 2024

Others, including Coinbase executive Conor Grogan, well-known media personality Laura Shin, and Abstract developer cygaar, have also expressed their support. Regardless of whether there are vulnerabilities in Hyperliquid's protocol, this incident seems to have shaken the previously 'perfect' reputation of Hyperliquid.

Source