Hyperdrive after $ 700,000-Hack: repayments and new security measures!
Hyperdrive has resumed services after a hack of $ 700,000 and compensated users. Safety measures have been improved.

Hyperdrive after $ 700,000-Hack: repayments and new security measures!
The HyperDrive cryptocurrency platform resumed its services and made compensation for affected users after a serious security committee in June. This measure took place immediately after a new incident on September 27, in which around $ 700,000 was deducted from two markets on the hyperliquid blockchain. The attack was attributed to a weak point within the router contract permissions, which allowed manipulating the secured positions.
The accounts concerned recorded losses of a total of 672,934 USDT and 110,244 Thbill-token. The stolen funds could be tracked up to the Ethereum (ETH) and BNB (BNB) Chain. Part of the money was washed using Tornado Cash, which further increases the concerns regarding the security in the hyperliquid ecosystem.
Reaction to the incident
Hyperdrive has commissioned external examiners and forensic specialists to ensure that the weak point has been remedied. During the removal, all markets were paused without further ado and only put back into operation after the compensation has been completed. The incident is linked to a well -known threat player who has already been involved in top -class attacks in the past. A full report on the incident is expected in the near future.
In addition, HyperDrive has warned its users to engage in frauds and not official messages. This is done against the background that a RUG Pull of $ 3.6 million has also taken place at Hypervault, which increases the potential risks and challenges within the hyperliquid platform.
Long -term strategy
The long -term HyperDrive strategy remains aimed at developing yield strategies that include the tokenization of treasure instructions in cooperation with partners such as Theo Network. Nevertheless, there are still concerns about the centralization and safety of the system due to the small number of validator nodes in hyperliquid.
In the light of the recent developments, the platform relies on transparent communication with the community to regain the trust of users and prevent future security incidents. The challenges that face hyperliquid are both financial and technical nature and require sensitive solutions.