Hyperliquid Experiences Significant Outflows Recent data from Dune Analytics reveals that decentralized exchange (DEX) Hyperliquid has witnessed an outflow of $266.8 million USDC over the past two days. This raises concerns about the platform's stability and security. North Korean Involvement Allegations Previously, U.Today reported that addresses linked to North Korean hackers were involved in suspicious transactions on HyperLiquid. These hackers allegedly tested the protocol's vulnerabilities for potential attacks. HyperLiquid's Response HyperLiquid has strongly denied any North Korean involvement or successful hacks. The company has maintained that its systems remain secure and stable. Implications for Hyperliquid The recent outflows and allegations have cast a shadow over Hyperliquid's reputation. Investors and traders may question the platform's reliability, which could affect its future growth prospects.
