$21M Crypto Heist Rocks Hyperliquid: Private Key Leak Exposed by PeckShield

Another day, another crypto security nightmare—this time with a $21 million price tag.

The Anatomy of a Digital Robbery

Hyperliquid users woke up to financial carnage after blockchain sleuths at PeckShield uncovered what appears to be the oldest vulnerability in the book: private key leakage. The attackers didn't need sophisticated code exploits—just someone's digital keys left lying around like spare change.

Security Theater Meets Cold Hard Crypto

The heist exposes the persistent gap between crypto's technological sophistication and basic security hygiene. While developers build complex DeFi protocols, users keep making the same fundamental mistakes—proving that in crypto, your keys aren't just your coins, they're also your weakest link.

Another reminder that in digital finance, the most advanced encryption still can't protect against human error—but it sure makes for expensive lessons.