Hyperliquid's account on social network X was stolen by hackers

The official X account of the popular decentralized exchange Hyperliquid has been compromised. Over 24 hours have passed since the incident, yet the project team has not released any official updates.

Despite the developers' silence, the community has not remained indifferent. Comments under the post express concern, as this is not the first security-related incident. Users are calling for additional protective measures, including two-factor authentication (2FA) or a multisignature feature.

Investor reaction

Interestingly, the incident did not affect user behavior or investor sentiment. Whales continue to bet on the future dynamics of the crypto market. In particular, a massive BTC long position was opened and later closed successfully.

HYPE price rises

After a short pullback, the platform’s native token HYPE is on the rise again. Over the past 24 hours, it has gained more than 6%, surpassing the $35 mark. According to CoinGecko, the token reached a new all-time high of $39.68 on May 23.

Currently, the token is showing strong growth: +50.6% over the past week and +115.2% over the past month, with a market capitalization of $12.6 billion.