- Hyperliquid’s Twitter account compromised, impacting communications but not blockchain security.
- HYPE token prices rose 6% despite breach.
- Market views breach as isolated incident.
On May 24, 2025, Hyperliquid’s Twitter account was hacked, but the blockchain infrastructure remains unaffected.
The event highlights concerns over social media security even as the HYPE token shows resilience, maintaining investor confidence.
Twitter Account Hack Leaves Blockchain Intact
The Hyperliquid Twitter account was compromised on May 24, 2025. Despite this, the platform’s blockchain operations continue undisrupted. This marks the second such incident in recent months involving their social media accounts.
The affected account is HyperFND, associated with Hyperliquid. The official Hyperliquid X account confirmed the breach and warned users against interacting with malicious links or tweets from the hacked account.
HYPE Token Surges 6% Amidst Hacking Incident
Despite the breach, the HYPE token price increased by approximately 6%, reflecting investor confidence in blockchain security. The market capital for HYPE is nearly $12 billion, ranking it as the 14th largest cryptocurrency.
The market’s response indicates that investors view the hacking incident as a standalone issue, not affecting the underlying protocol. Calls have emerged for improved security practices on social media platforms to prevent future incidents.
Another Breach Follows Insider Threat at Twitter
The recent breach follows a similar incident on May 1, 2025, when another Hyperliquid account was compromised. The earlier hack occurred due to a reported insider threat at Twitter.
Analysts suggest that maintaining robust security measures is crucial for building trust. Historically, the crypto market has shown resilience to such incidents when the core technology remains unaffected.
“HyperFND twitter account was compromised. The Hyperliquid blockchain is unaffected. Do not interact with any links or tweets from that account.” — Hyperliquid X Team
Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor. |