HYPE developer Hyperliquid Labs has responded to recent reports suggesting activity allegedly related to North Korean hackers, firmly denying any such incidents. The blockchain-focused platform stated that it has not been targeted by North Korean hackers or any other cyberattacks, and reassured users that all funds are being securely managed.
HYPE, one of the most talked-about altcoins recently, has a market cap of $7.25 billion and is not listed on Coinbase or Binance.
In a public statement, Hyperliquid Labs emphasized its commitment to operational security, highlighting that no vulnerabilities have been reported by third parties. The company reiterated its adherence to industry best practices for blockchain analysis and encouraged security researchers to participate in its bounty program for reporting vulnerabilities.
The company also disclosed a previous incident involving an individual claiming to represent a safe and legitimate entity. According to Hyperliquid Labs, this person added a scam account to a group chat and engaged in unprofessional behavior, including insults and profanity.
*This is not investment advice.