news 
Title: The World’s Largest Hacker Group May Have Gained Access to Another Cryptocurrency Exchange
December 25, 2024 – In a shocking revelation, the world’s largest hacker group, Lazarus, may have breached yet another cryptocurrency exchange, this time targeting Hyperliquid. This news comes as a warning to all exchanges and individuals in the crypto space, highlighting the urgent need for enhanced security measures.
According to sources, MetaMask’s security expert has expressed grave concerns about the situation, emphasizing that even if Lazarus did not gain access to Hyperliquid’s treasury, they may have already compromised the platform’s system. This is particularly alarming given the group’s notorious track record of hacking exchanges and causing significant financial losses.
The security expert also pointed out a critical vulnerability in Hyperliquid’s system, stating that only four validators are authorized to make changes, all running the same code, leaving an unknown number of authorized users vulnerable to exploiting key security breaches. This means that even if platform workers or leaders use the same tools and systems for access, a single malicious connection could compromise the entire chain.
The Hyperliquid team must take immediate action to address these concerns and prevent further breaches. The recent Radiant Capital hack, where the multisig wallet was compromised, raises serious questions about the exchange’s security protocols. It is crucial that the company takes proactive measures to strengthen its defenses against such attacks.
As the crypto space continues to grow, so do the risks of cyber attacks. It is essential for exchanges and users alike to remain vigilant and take steps to protect themselves from these threats.
Source: www.bitcoinbazis.hu
