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Security Incident - A hacker address drained 2911.79 thousand USDC from Hyperliquid [1] - The hacker laundered the funds through multiple chains (ETH, BSC, ARBITRUM) and deposited them back into Hyperliquid [1] - The hacker used BNB collateralized on Venus to borrow funds [1] Suspicion of Internal Involvement - The hacker is suspected of having deep interaction with Hyperliquid insiders due to their involvement in the Hype ecosystem and large HYPE holdings [2] - The hacker withdrew 2.6 million U, then deposited funds back into Hyperliquid [2] - The hacker opened a long position on $XPL after laundering the funds [1][2] Platform Vulnerability and Response - The platform's rule changes suggest an acknowledgement of vulnerabilities, but compensation is not mentioned [2] - Concerns are raised about whether the revised risk controls are truly effective [2] Market Risk - The hacker has opened a long position on $XPL, prompting a warning to protect positions [2]