Details of Crypto.com security breach released; 483 risk accounts
Crypto.com (Crypto.com) shared details of a recent security flaw. According to the published news, 483 user accounts have been endangered. Digital currency was stolen from Crypto.com on Monday following a security breach of approximately $ 33.8 million.
According to reports Kevin TelegraphThe Singapore-based digital currency exchange, issued an official statement announcing the identification of “suspicious activity” in the accounts of some of its users after the withdrawals were stopped.
The company said in a statement that 4,836,26 Atrium, 443.93 bitcoins and about $ 66,200 had been withdrawn from their accounts without their permission. At current market prices, the total loss is estimated at $ 33.8 million.
Following this security breach, several crypto.com users have complained that their money has been stolen. However, the company’s responses have not been convincing to users.
At approximately 12:46 a.m. Monday, Crypto.com (UTC) risk monitoring systems announced that unauthorized activity had been detected in a small number of accounts that allowed transactions to be made without 2FA authentication. Has been.
The exchange then tightened its security measures by stopping withdrawals and canceling all 2FA customer tokens, requiring all users to re-log in and reactivate their 2FA tokens. Withdrawal infrastructure services in this exchange were out of order for a total of 14 hours.
Crypto.com claims that to prevent a recurrence of such an incident, it has added a new layer of protection to its security system that requires users to register their new download addresses in a secure directory 24 hours before the first download.
The crypto.com statement reads:
This way, as soon as new download addresses are added, users will receive notifications so that they have enough time to review and respond to it.
Obviously, what has happened will be a great lesson for us, and we will strive to continually strengthen our infrastructure.
Also read: Crimes in the world of digital currencies; Challenges and coping strategies
More than $ 15 million in atrium has been stolen, according to security firm PeckShield. On Monday, the security company tweeted that about half of the stolen funds had been sent to Tornado Cash, Atrium’s anonymous transfer software, for money laundering. Another analyst from Chinese blockchain company OXT Research said the theft could cost the exchange $ 33 million.