Crypto.com hacked and lost $15 million worth of Ethereum
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Answer Crypto.com hacked and lost $15 million worth of Ethereum
Crypto.com has lost nearly $15 million in Ethereum to hackers, according to blockchain security analytics firm PeckShield.
The Tweet embed The loss is around $15 million with at least 4.6K ETH and half of that is currently laundered Tweet embed pic.twitter.com/XN9nmT857j
– PeckShield Inc. (pickshield) January 18 2022
Half of the stolen cryptocurrency has already been laundered with the help of transaction-mixing service Tornado Cash.
On Monday, Crypto.com announced that it had suspended withdrawals due to suspicious activity.
while seem Some users complain of losing money.
Read:Microsoft Gets a New Patent for a Cryptocurrency Mining System
It took 14 hours for the Singapore-based company to resume the withdrawals.
In a recent tweet, Mr. Chris Marzalek told that no client money was lost.
He added that the Crypto.com team had beefed up the platform’s infrastructure in response to the incident.
The exchange is still conducting an internal investigation into the security incident.
Some Twitter users criticized Crypto.com for not mentioning the amount of cryptocurrencies stolen as a result of the hack.
While rug pulls and hacking are rife in the decentralized finance space, it remains unclear how a high-caliber central trading platform fell victim to the attack.
Marsalek promised to publish more details of what happened once the investigation was over.
Some thoughts from me over the past 24 hours:
– Never lose customer money
– Withdrawal downtime was below 14 hours
– Our team has strengthened the infrastructure in response to the incidentWe will share a full autopsy after the internal investigation is over.
– Chris | Crypto.com (@Kris_HK) January 18 2022
Read:Another theft targeting a project built on the Binance blockchain and escaping with 2,660 BNB
Earlier this month, American actor Matt Damon faced a backlash over his Crypto.com ad.
In November, the Singapore-based company bought the naming rights to Staples Center in downtown Los Angeles for $700 million.
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