Crypto Exchange Deribit Loses $28 Million In Hot Wallet Hack

Deribit, the largest bitcoin options exchange by market share, was hacked and lost $28 million. Withdrawals were likewise blocked by the corporation.
Crypto Exchange Deribit Loses $28 Million In Hot Wallet Hack

The company stated that it is doing regular security tests and has blocked withdrawals, including those from third-party custodians Copper, Clearloop, and Cobo until the platform is certainly safe to re-open.

According to the company, the hacked hot wallets held assets in Bitcoin, Ether, and USDC. Its cold storage addresses, which housed 99% of customer funds, were unaffected.

The exchange is the latest in a long line of cryptocurrency firms to be hacked in recent weeks.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

CoinCu News

Crypto Exchange Deribit Loses $28 Million In Hot Wallet Hack

Deribit, the largest bitcoin options exchange by market share, was hacked and lost $28 million. Withdrawals were likewise blocked by the corporation.
Crypto Exchange Deribit Loses $28 Million In Hot Wallet Hack

The company stated that it is doing regular security tests and has blocked withdrawals, including those from third-party custodians Copper, Clearloop, and Cobo until the platform is certainly safe to re-open.

According to the company, the hacked hot wallets held assets in Bitcoin, Ether, and USDC. Its cold storage addresses, which housed 99% of customer funds, were unaffected.

The exchange is the latest in a long line of cryptocurrency firms to be hacked in recent weeks.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

CoinCu News

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