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Cost of Crypto.com Hack Has Been Revealed

The cost of the Crypto.com hack has been revealed. Crypto.com cryptocurrency exchange suffered a loss of around $30 million.

Yazar: Eylem Özer

Yayınlanma: 24 Ocak 2022 06:39

Güncellenme: 19 Mart 2024 00:23

Cost of Crypto.com Hack Has Been Revealed

The cost of the Crypto.com hack has been revealed. Crypto.com cryptocurrency exchange suffered a loss of around $30 million.

At the beginning of the week, the hackers, who bypassed the strict 2 stages security measures and emptied the accounts of the users, caused great damage to the Crypto.com platform. In total, 30 million dollars were stolen from users' accounts. The boss of the exchange, Kris Marszalek, said in a statement that the hackers, who bypassed the two-stage security solution, emptied the accounts of 483 users in total. 4836 ETH, 443.9 BTC and other cryptocurrencies worth $66k were taken out of the exchange. A loss of $30 million was incurred at this time. Crypto.com underlined that users will be compensated. Everyone whose assets were stolen as a result of the attack will receive a full refund. In addition, users will be shifted to a temporary 2-tier security system, and then the company's own multi-level security solution. It is stated that those who set a 2-stage security system will not be able to withdraw their money for a certain period of time.
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