Hyperliquid Clarifies Delayed Orders: "No Hack This Time!"
Hyperliquid, a leading crypto liquidity provider, has attributed a recent surge in API traffic as the cause of delays in order execution, swiftly denying any suggestion of a hack attempt.
The platform experienced a sudden spike in trading volume, leading to a backlog of orders and subsequent delays. Hyperliquid's CEO took to Twitter to reassure users, explaining the technical issues and emphasizing the platform's integrity.
In a series of tweets, they explained that the unprecedented API traffic volume caused order processing delays, assuring users that funds are safe. The platform's developers are working tirelessly to enhance server capacity, aiming to prevent recurrences.
This incident highlights the importance of scalability infrastructure in the fast-paced world of crypto trading. Hyperliquid's transparency in communicating the issue has been praised, as users appreciated the prompt clarification amidst the chaos.
The platform's quick action and denial of any malicious activity showcase its commitment to safeguarding user experience and funds. #CryptoNews #Hyperliquid #API #transparency #cryptotrading