The Twitter account of the popular futures platform Hyperliquid was hacked due to an insider threat; investors are being warned about phishing attempts.
The official Twitter account of the decentralized futures exchange Hyperliquid, which has recently gained popularity in the crypto market and is experiencing a rapid increase in trading volume, was hacked despite two-factor authentication (2FA).
A reliable source on Twitter, @ThinkingUSD, reported that the account was compromised due to an insider threat from within Twitter (now known as X). This situation poses serious security risks for all crypto investors regarding announcements made through social media accounts.
As traders face an increased risk of losses due to fake announcements and phishing attempts, experts emphasize the need to avoid clicking on any links outside official channels and to exercise extra caution. Particularly, price fluctuations may occur in the short term for tokens associated with Hyperliquid, making it critical for investors to follow verified information.