Exploit Hits Hyperliquid Amid $3.5B Weekly Surge
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Decentralized exchange Hyperliquid suffered a major exploit this week after a private key leak cost one user $21 million.
The attack follows a record week for Hyperliquid, which recently distributed a large airdrop to 94,000 addresses as part of its liquidity rewards program.
Despite surging growth, the exploit underscores the ongoing vulnerabilities in DeFi, where users bear full custody β and full responsibility β for securing assets.
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$21M gone overnight shows why security must evolve faster than innovation. Itβs time for exchanges to adopt stronger safety layers.
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A $3.5B surge and then a hack? The industry needs to focus more on infrastructure stability, not just market hype.
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@nihalsari wow bro


