Crypto.com loses $34 million in hack that affected 483 accounts

Stefan Mileschin · 21st January 2022, 09:00

In an interview with Bloomberg TV, Crypto.com's Chief Executive Kris Marszalek has admitted that 400 customer accounts were compromised by hackers. He said his team detected unauthorized transactions made from the accounts, but that they'd fixed the issue immediately and fully reimbursed the affected users. Now, the company has published a report revealing details from its post mortem. Apparently, 483 accounts were affected and the unauthorized withdrawals totaled 4,836.26 ETH, 443.93 BTC and approximately $66,200 in other currencies. Based on current exchange rates, that's $15.3 million of ETH and $18.7 million of ETC for a total of $34 million in losses.

https://www.engadget.com/cryptocom-l...8.html?src=rss

21st January 2022, 09:00	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 153,575	Crypto.com loses $34 million in hack that affected 483 accounts In an interview with Bloomberg TV, Crypto.com's Chief Executive Kris Marszalek has admitted that 400 customer accounts were compromised by hackers. He said his team detected unauthorized transactions made from the accounts, but that they'd fixed the issue immediately and fully reimbursed the affected users. Now, the company has published a report revealing details from its post mortem. Apparently, 483 accounts were affected and the unauthorized withdrawals totaled 4,836.26 ETH, 443.93 BTC and approximately $66,200 in other currencies. Based on current exchange rates, that's $15.3 million of ETH and $18.7 million of ETC for a total of $34 million in losses. https://www.engadget.com/cryptocom-l...8.html?src=rss

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Palantir glitch allegedly granted some FBI staff unauthorized access to a crypto hack	Stefan Mileschin	WebNews	0	27th August 2021 06:05
Crypto scammers hack Elon Musk, Apple and Bill Gates on Twitter	Stefan Mileschin	WebNews	0	16th July 2020 09:21
Thieves took $49 million in Ethereum from a crypto exchange	Stefan Mileschin	WebNews	0	2nd December 2019 08:21
Uber says 2016 hack affected 2.7 million UK customers and drivers	Stefan Mileschin	WebNews	0	2nd December 2017 06:17
Yahoo admits 2013 hack impacted all 3 billion of its accounts	Stefan Mileschin	WebNews	0	6th October 2017 05:58
CeX hack puts as many as 2 million accounts at risk	Stefan Mileschin	WebNews	0	2nd September 2017 20:18
UK broadband customers also affected by Yahoo hack	Stefan Mileschin	WebNews	0	26th September 2016 08:56
Yahoo confirms over 500 million users affected in 2014 breach	Stefan Mileschin	WebNews	0	26th September 2016 08:29
TalkTalk loses over 100,000 customers following hack	Stefan Mileschin	WebNews	0	3rd February 2016 08:25
Nokia-branded batteries at risk of exploding -- 46 million devices affected	jmke	WebNews	2	14th August 2007 11:11