<ul><li>Hyperliquid, a layer-1 decentralized leveraged trading platform, saw its total value locked (TVL) plummet by over $1 billion in the past week.</li><li>This drop follows reports of suspicious activity tied to North Korean hackers.</li><li>According to CryptoSlate’s data, this has also resulted in a steep 20% fall in Hyperliquid’s native token value over the last 24 hours.</li><li>On Dec. 23, web3 security expert Talor Monahan identified a surge in transactions from North Korea-linked addresses, sparking fears of a targeted attack.</li></ul>

Hyperliquid’s TVL drops by $1 billion amid North Korean hacking fears

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