by: xpoolPosted on:

PeckShield Identifies $21 Million Crypto Loss: Private Key Leak Causes DeFi Theft

A recent blockchain security incident has revealed a major theft of $21 million from the DeFi platform Hyperliquid. PeckShield, a prominent cybersecurity firm, identified the loss as stemming from a compromised private key used by a user on the platform. This exploit allowed an attacker to steal 17.75 million DAI and 3.11 million MSYRUPUSDP tokens. The incident highlights growing concerns about security in the decentralized finance (DeFi) space.

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