Giant Altcoin Claimed to Have Been Hacked by the North Koreans Issues Statement

HYPE developer Hyperliquid Labs has addressed recent reports suggesting activity allegedly linked to North Korean hackers, and has firmly denied any such incidents. The blockchain-focused platform said it has not been targeted by North Korean hackers or any other cyberattacks, and the company also assured users that all funds continue to be managed securely. HYPE, one of the most talked about altcoins of recent times, has a market cap of $7.25 billion and is not listed on Coinbase or Binance. Related News: Silent Bull in Ethereum? Analytics Firm Reveals Bullish Signs Hyperliquid Labs has stated in a public statement that it is committed to operational security, noting that no vulnerabilities have been reported by third parties. The company reiterated that it adheres to industry best practices for blockchain analysis and invited security researchers to participate in its bounty program for reporting vulnerabilities. The company also disclosed a previous incident involving a person claiming to represent a safe and legitimate party. According to Hyperliquid Labs, that person added a scam account to a group chat and then engaged in unprofessional behavior, including insults and profanity. *This is not investment advice. Continue Reading: Giant Altcoin Claimed to Have Been Hacked by the North Koreans Issues Statement