Crypto.com loses $35 million in hack involving 483 users on its platform

Leading cryptocurrency platform Crypto.com has finally admitted that 483 users on its platform lost almost $34 mn in various digital coins owing to a compromise in two-factor (2FA) authentication.

The unauthorized withdrawals had over $15 million worth of etherum, $19 million worth of Bitcoin and $66,200 in “other currencies”.

The platform said late on Thursday that on January 17, its risk monitoring systems “detected unauthorised activity on a small number of user accounts where transactions were being…read more

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store