Million-dollar cyberattack on the famous cryptocurrency exchange

We all know the huge development of crypto assets, which are touted as the money of the future, in recent years. These assets, which have the potential to bring serious amounts to their investors with appropriate and right moves, have become a center of attraction among hackers after their usage volume has grown day by day and they have started to appear in all areas of our lives.


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Over $15 million in cryptocurrencies stolen from Crypto.com

A new one has recently been added to the cyber attack incidents in the stock markets where cryptocurrencies appear and meet with investors. It has been announced that the famous cryptocurrency platform Crypto.com has been hacked and 4,600 Ethereum worth over $15 million has been stolen.

As you know, the platform had temporarily stopped shooting operations in order to investigate the incident after some users reported suspicious and unauthorized activity in their accounts. In fact, in the statement made at that time, it was stated that its investors were using two-factor authentication and it was very difficult for hackers to pass the advanced security method. On the other hand, it was announced that all funds are safe.

This situation experienced by Crypto.com, which did not confirm that it was cyber-attacked in this process, was revealed by Blockchain security firm PeckShield. According to the firm, hackers somehow bypassed security measures and infiltrated user accounts and transported the stolen 4,600 Ethereum with Tornado Cash, an Ethereum privacy protocol that cuts the connection between source and destination, making it extremely difficult to track.

It is claimed that Crypto.com started an investigation within itself after the breach and started to take the necessary steps to further improve its security infrastructure. Finally, the platform, which promised that user funds are safe in its Twitter post, is expected to make a detailed statement on the subject in the coming days.

So what do you think about this subject? How can cyber attacks on crypto currency exchanges be prevented? Do not forget to share your views with us in the comments section.

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