North Korean hackers lose $700,000 in cryptocurrency trading; security expert warns Hyperliquid: you are being targeted!

According to information shared by cybersecurity researcher Tayvano on X, multiple addresses associated with North Korean hackers are trading on the decentralized trading platform Hyperliquid. Data shows that these addresses have accumulated total losses exceeding $700,000. Tayvano is a well-known cybersecurity expert in the cryptocurrency industry and has voluntarily participated in investigations of several hacking incidents.

However, Tayvano warned that making money or losing money is not the point; the underlying potential risks are what should be most concerning. Tay wrote in a tweet:

"Honestly, if I were the one managing Hyperliquid's four validator nodes, I would probably be scared to death right now."

Some people interpreted Tayvano's warning as 'regulatory risk,' as the U.S. government might intervene and force Hyperliquid to freeze these assets related to the hackers. In response, Tayvano sarcastically stated:

"Hahaha, those fools who thought the risk came from the U.S. government forcing Hyperliquid to freeze assets really crack me up. Guys, North Korean hackers are not trading; they are testing."

In a subsequent tweet, Tayvano released a screenshot of a private message with the Hyperliquid team, in which Tayvano warned that the Hyperliquid team’s protocol might be targeted by North Korean hackers and urged the team to take immediate action. However, the Hyperliquid team has not responded to Tayvano's warning.

Regarding Tayvano's tweet, another security expert Jurad stated that he externally examined Hyperliquid's security, and the results showed that its performance was quite good, even better than most projects. At the same time, Jurad also addressed Tayvano:

"Even if your intentions are good, you shouldn’t publicly discuss hypothetical threats on Twitter. You should only raise alarms when real threats are occurring."

Additionally, Jurad also stated that North Korean hackers have been actively using tools in the DeFi space. All major projects and dApps are equally vulnerable to attacks, and HL is no exception.

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