Shortly after the launch of the hyped Hypurr NFT collection, a skilled attacker stole eight NFTs worth $400,000 by exploiting wallet vulnerabilities on Hyperliquid’s HyperEVM layer. This incident follows a series of significant security breaches within the Hyperliquid ecosystem, including a $773,000 DeFi exploit and a $3.6 million rug pull. Despite these setbacks, the Hypurr NFTs maintain strong market performance, with floor prices soaring above $70,000 and community responses mixed between enthusiasm for creative design and concerns over security and token concentration. Hyperliquid continues to advance by launching new products such as the USDH stablecoin, but competition and ongoing security issues pose serious challenges.
Continue to read Hypurr NFT Heist Exposes Security Flaws as Hyperliquid Ecosystem Faces Turmoil
Shortly after the launch of the hyped Hypurr NFT collection, a skilled attacker stole eight NFTs worth $400,000 by exploiting wallet vulnerabilities on Hyperliquid’s HyperEVM layer. This incident follows a series of significant security breaches within the Hyperliquid ecosystem, including a $773,000 DeFi exploit and a $3.6 million rug pull. Despite these setbacks, the Hypurr NFTs maintain strong market performance, with floor prices soaring above $70,000 and community responses mixed between enthusiasm for creative design and concerns over security and token concentration. Hyperliquid continues to advance by launching new products such as the USDH stablecoin, but competition and ongoing security issues pose serious challenges.
Continue to read Hypurr NFT Heist Exposes Security Flaws as Hyperliquid Ecosystem Faces Turmoil
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