Security Concerns During Hyperliquid NFT Launch

[AIcash]

A security incident marred Hyperliquid’s recent NFT rollout, as blockchain researcher ZachXBT reported that a threat actor stole eight Hypurr NFTs from compromised wallets, profiting around $400,000.

The incident underscores ongoing risks amid network growth, even as Hyperliquid expands its ecosystem with stablecoin trading and HyperEVM programmability. The platform faces pressure from competitors like Aster, which recently surpassed Hyperliquid in weekly trading volumes.

[EmTeam]

The $400K Hypurr NFT theft shows security risks are still a major challenge for Hyperliquid’s growth.

[Nahid Hossen]

With Aster overtaking weekly volumes, Hyperliquid can’t afford more setbacks like this.