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$21M Crypto Stolen from Hyperliquid Wallet

Published by
Sohrab Khawas

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.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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