A private key leak led to a loss of about $21 million from the Hyperliquid wallet 0x0cdC. The hacker stole roughly $17.5 million in DAI stablecoins and 3.11 million SYRUPUSDP tokens. Following the theft, these funds were moved cross-chain to the Ethereum network. This incident highlights ongoing risks in decentralized finance, especially related to wallet security and private key management, emphasizing the need for stronger safeguards in crypto platforms.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
The crypto market has faced a sharp downturn, with major assets like Bitcoin and Solana…
The XRP price has continued to trade in a narrowing price action that’s getting tighter,…
Morgan Stanley, managing $1.3 trillion in assets, has lifted restrictions on Bitcoin and crypto investments…
Story Highlights The Ethereum price today is . ETH price with a potential surge could…
The Bitcoin price has shown remarkable strength at the start of Q4, trading around $121,302…
Kalshi, an online prediction market platform, has raised over $300 million in a funding round,…