Crypto.com Hacked With Millions Stolen
Crypto.com has now revealed key details concerning a recent attack on its platform that occurred last weekend, stating that over 480 of its customers were impacted and that illegal withdrawals of nearly $19 million in BTC, $15 million in ETH, and more than $66,000 in various other currencies had transpired.
The overall losses, estimated to be higher than $34 million at today&39s prices, are reportedly more than what analysts projected prior to Crypto.com making its announcement.
CEO Kris Marszalek admitted that the hack had taken place after verifying that some Crypto.com users claimed their funds were indeed stolen via allegations that had previously been answered with cryptic and vague comments from the company, which had only referred to all of this as little more than an &39incident&39 in the past.
As of now, the CEO has not shared any details regarding the process through which the breach occurred, although he did acknowledge that the company had reimbursed all of the affected accounts and are currently looking into the issue.
Top News
8 days ago
12 days ago
15 days ago
22 days ago
26 days ago
More From The News
Press Releases
Payments
New Payment Limit For Crypto Wallets Scrapped
The recent Anti-Money Laundering re... Read more
Bitcoin
Bitcoin Undergoes Price Correction As International Economies
A significant portion of the crypto... Read more
Join Our Newsletter
Get the latest trends and updates on our crypto community.