What to Know: Hyperliquid’s Twitter account was compromised, impacting communications but not affecting the blockchain’s security. HYPE token prices rose despite the breach, while investors view it as an isolated incident. The event highlights concerns over social media security even as the HYPE token shows resilience and investor confidence.
On May 24, 2025, Hyperliquid’s Twitter account was hacked, but their blockchain infrastructure remains untouched. The affected account is HyperFND, linked to Hyperliquid. The official Hyperliquid X account confirmed the breach and warned users against interacting with malicious links or tweets from the hacked account.
Despite the hack, the HYPE token price rose by 6%, showing resilience and investor confidence in the blockchain’s security. The market capital for HYPE is nearly $12 billion, ranking it as the 14th largest cryptocurrency.
The market response suggests investors view the hacking incident as a standalone issue, not affecting the underlying protocol. Calls have been made for improved security practices on social media to prevent future incidents.
This comes after another Hyperliquid account was hacked on May 1, 2025, linked to an insider threat at Twitter. Experts emphasize the importance of robust security measures to build trust and maintain a stable market environment.
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