OutLawGadgets
  • Home
  • Gadget

    Asus ROG Rapture GT-AC5300: The ultimate router for gamers and nerds

    Amazon Fire 7 (2017): Small improvements make Amazon’s budget tablet a better bargain

    Apple iMac Pro is promisingly powerful

    Microsoft Surface Pro 4: iterative in the best sense of the word

    Asus ZenBook UX305 review: A most affordable and excellent Ultrabook

    Microsoft Surface Book review: An amazing laptop that does even more as a tablet

    Anker SoundBuds Slim review: A wireless headphone bargain that’s hard to beat

    Belkin WeMo Dimmer review: Features shine with Belkin WeMo’s dimmable smart switch

    Rotimatic review: There are still some kinks in this Indian flatbread maker

    BT Whole Home Wi-Fi review: Whole house coverage

    Trending Tags

    • CES 2017
    • Super Car
    • eSports
    • Best Phone 2017
  • Computer
  • Laptop
  • Mobile
  • Phone
No Result
View All Result
OutLawGadgets
No Result
View All Result
OutLawGadgets
Home Computer

Crypto.com Exchange Loses $30 Million In Cryptocurrency In Hack

admin by admin
January 22, 2022
in Computer
0
Crypto.com Exchange Loses $30 Million In Cryptocurrency In Hack
Share on FacebookShare on Twitter


If you’re looking to invest into cryptocurrency, choosing a well-established exchange is a good idea. There are reasons for this, such as reliability where you can trust that they won’t suddenly take all your money and disappear into the ether. Then there is also security, where you don’t want your exchange of choice hacked and having your crypto stolen.

Unfortunately for Crypto.com, a cryptocurrency exchange, it appears that they were hacked. In a post on its website, the exchange confirmed that a hack took place several days ago which resulted in over $30 million worth of bitcoin and Ethereum being stolen. However, there is good news because the exchange has since suspended withdrawals and reimbursed customers who were affected.

According to Crypto.com, “On 17 January 2022, Crypto.com learned that a small number of users had unauthorized crypto withdrawals on their accounts. Crypto.com promptly suspended withdrawals for all tokens to initiate an investigation and worked around the clock to address the issue. No customers experienced a loss of funds. In the majority of cases we prevented the unauthorized withdrawal, and in all other cases customers were fully reimbursed.”

The exchange has also since revoked all 2FA tokens for all its users and moved to a completely new 2FA infrastructure. That being said, if you do plan to trade and hold cryptocurrency, you might want to consider moving your assets to a cold wallet, which is basically an offline wallet like a USB drive meaning that short of you losing that drive, no one else will be able to access your funds.

Filed in General. Read more about Bitcoin, Cryptocurrency, Hack and Security. Source: blog.crypto



Download APP

Previous Post

Samsung Galaxy S22 Reservations Now Open With $50 In Credit

Next Post

Upcoming iMac Pro Could Come With A 12-Core CPU

admin

admin

Next Post
Upcoming iMac Pro Could Come With A 12-Core CPU

Upcoming iMac Pro Could Come With A 12-Core CPU

Apple Expected To Launch Its ‘Widest Array’ Of New Products This Fall

Apple Expected To Launch Its ‘Widest Array’ Of New Products This Fall

Dad Builds A Driveable Rolls Royce Made Out Of Wood For His Son

Dad Builds A Driveable Rolls Royce Made Out Of Wood For His Son

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Archives

  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021

Categories

  • Car
  • Computer
  • Gadget
  • Laptop
  • Mobile
  • Phone

Popular Tag

Best Laptop Best Phone 2017 Bluetooth Device CES 2017 eSports Gadget Week Home Entertaimnet MP3 Players Nintendo Switch Sillicon Valley Smart Home Sport & Outdoors Super Car Wearable Tech Weareable Device

Download App

  • About
  • Privacy & Policy
  • Contact

2022 - all right reserve by OutLawGadgets.com

No Result
View All Result
  • Home
  • Gadget
  • Computer
  • Laptop
  • Mobile
  • Phone

2022 - all right reserve by OutLawGadgets.com