North Korean hackers lose 700000 magnesium in cryptocurrency trading; Security experts warn Hyperliq

According to information shared by cybersecurity researcher Tayvano on X, multiple North Korean hackers with associated addresses are conducting transactions on the decentralized trading platform Hyperliquid. The data shows that the total loss of these addresses exceeds 700000 US dollars. Tayvano He is a well-known cybersecurity expert in the cryptocurrency industry who has voluntarily participated in the investigation of multiple hacking incidents.

However, Tayvano warns that making and losing money is not the focus, the potential risks behind it are the most concerning. Tay wrote in a tweet:

To be honest, if I were the person responsible for managing the four authentication nodes of Hyperliquid, I would probably be scared to death by now

Some people interpret Tayvano's warning as a 'regulatory risk', as the US government may intervene and force Hyperliquid to freeze these hacker related assets. Tayvano sarcastically stated:

Hahaha, those fools who thought the risk came from the US government forcing Hyperliquid to freeze its assets are really laughing at me. Everyone, North Korean hackers are not trading, they are testing

In subsequent tweets, Tayvano A private message was posted with the Hyperliquid team, in which Tayvano warned that the Hyperliquid team protocol may be vulnerable to North Korean hackers and called on the team to take immediate action. However, the Hyperliquid team never responded to Tayvano's warning.

Regarding Tayvano's tweet, another security expert Jurad stated that he checked the security of Hyperliquid externally and found that its performance was quite good, even better than most projects. Meanwhile, Jurad also shouted to Tayvano:

Even if your intentions are good, you should not openly discuss hypothetical threats on Twitter. Only when a real threat is happening should you publicly sound the alarm

In addition, Jurad also stated that North Korean hackers have been actively using tools in the DeFi field. All major projects and dApps are equally vulnerable to attacks, and there is nothing particularly special about HL.