Crypto.com accounts had unauthorized withdrawals
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Re: Crypto.com accounts had unauthorized withdrawals
#2By the numbers, around $34 million in funds is affected, mostly Ethereum. They say in the press release that they prevented most of the unauthorized withdrawals and reimbursed the remainder, but it’s unclear how much they had to pay for reimbursements.
For context, this is the startup that has been using Matt Damon as it’s face.
Re: Crypto.com accounts had unauthorized withdrawals
#3By the numbers, around $34 million in funds is affected, mostly Ethereum. They say in the press release that they prevented most of the unauthorized withdrawals and reimbursed the remainder, but it’s unclear how much they had to pay for reimbursements. For context, this is the startup that has been using Matt Damon as it’s face.
Ad even earlier started out with MCO as their iconic token, then shifted to a new crypto while leaving early stakeholders in the dark. Those early maneuvers were something of a red flag.
Re: Crypto.com accounts had unauthorized withdrawals
#4MATT DAMON HOW COULD YOU DO THIS TO ME
Re: Crypto.com accounts had unauthorized withdrawals
#5I guess fortune doesn't always favor the brave.
Re: Crypto.com accounts had unauthorized withdrawals
#6Exchanged are the weakest link in crypto. If anything can kill crypto, it will be due to the exchangers, from hacking to over regulation, etc.
Re: Crypto.com accounts had unauthorized withdrawals
#7By the numbers, around $34 million in funds is affected, mostly Ethereum. They say in the press release that they prevented most of the unauthorized withdrawals and reimbursed the remainder, but it’s unclear how much they had to pay for reimbursements. For context, this is the startup that has been using Matt Damon as it’s face.
Presumably they mostly stole ETH because tornado cash is the best mixer around to launder stolen funds
Re: Crypto.com accounts had unauthorized withdrawals
#8It has been painfully admitted.
But you know what I am going to say if you're storing your crypto life-savings or JPEGs on an exchange:
Not your keys, Not your coins and certainly not your NFTs.Re: Crypto.com accounts had unauthorized withdrawals
#9how do you think it was done. said 2fa was bypassed for some accounts. maybe some sort of client side exploit.
Re: Crypto.com accounts had unauthorized withdrawals
#10By the numbers, around $34 million in funds is affected, mostly Ethereum. They say in the press release that they prevented most of the unauthorized withdrawals and reimbursed the remainder, but it’s unclear how much they had to pay for reimbursements. For context, this is the startup that has been using Matt Damon as it’s face.
> For context, this is the startup that has been using Matt Damon as it’s face.
They're also notable lately for getting the naming rights to the (former) Staples Center.