Crypto.com Acknowledges 'Unauthorized Activity' on Servers

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Content source

https://www.theregister.com/2022/01/18/crypto_com_security_incident/

Crypto.com, a Singapore-based cryptocurrency exchange, has denied reports that the firm lost nearly $15m in Ethereum in a possible network intrusion over the weekend.

According to blockchain biz PeckShield, Crypto.com lost about $14.3m or 4,600 ETH, based on its analysis of public blockchain addresses. And the China-based security firm claims that about half of that is being washed through a service called TornadoCash, which offers anonymous transactions. Crypto.com, which recently paid $700m to rename the Los Angeles Staples Center and saw a high-profile ad campaign disallowed in the UK for being misleading, acknowledged on Sunday that something curious happened and briefly suspended withdrawals.

Crypto.com acknowledges 'unauthorized activity' on servers

Security biz PeckShield claims $15m in Ethereum taken

www.theregister.com

 

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Approximately 400 Crypto.com users had funds taken from their accounts totaling “millions” of dollars, TechRadar reports. Crypto.com CEO Kris Marszalek previously confirmed the breach to Bloomberg, and said the accounts had been reimbursed and the breach wasn’t significant given the company’s size. Meanwhile, in Marietta, West Virginia, more than 200,000 patients of the Memorial Health System had their personal information exposed in a cyberattack last year, the Parkersburg News and Sentinel reports. However, officials maintain there has not been an indication unauthorized use of the data or identity theft has occurred.

Hundreds of Crypto.com accounts hacked after it was hit by major data breach

Thousands of dollars worth stolen in Crypto.com attack

www.techradar.com