Hyperliquid Wallet Compromise Results in $21 Million Theft

A significant wallet compromise at Hyperliquid has led to the theft of an estimated $21 million in cryptocurrency. Initial reports indicate that private key compromise is believed to be responsible for the breach, with no exploitation of the protocol’s underlying technology confirmed. While the exact details are currently unclear, Hyperliquid’s leadership has not yet released a formal statement regarding the incident. 6,300 wallets reportedly suffered losses exceeding $1.23 billion, although this claim remains unverified and unsupported by official statements or blockchain explorer data.