Hyperdrive has restored operations and funds following a security breach in the USDT0 market, clarifying that the thBILL token was not at fault in the attack.
Following a security breach that impacted the USDT0 market and funding pool, Hyperdrive announced that all markets have resumed operations and affected funds have been fully restored. The attack, linked to a known threat actor, resulted in a reported $700K loss, though Hyperdrive clarified that the thBILL token was not compromised. A post-incident report is expected soon.