Today news
About the same in other media
Deribit crypto exchange halts withdrawals amid $28M hot wallet hack
Reading now: 639
Major cryptocurrency derivatives exchange Deribit has halted withdrawals after suffering a $28 million hot wallet hack.
Deribit exchange got its hot wallet compromised before midnight UTC on Nov. 1, the firm reported on Twitter.
The exchange emphasized that client funds are safe as losses are covered by Deribit’s reserves, stating:
As part of the ongoing security checks, Deribit had to halt withdrawals, including custodians Copper Clearloop and Cobo, until the exchange is 100% confident about security following the hack. “Deposits already sent will still be processed, and after the required number of confirmations, they will be credited to accounts,” the firm added.
This story is developing and will be updated.
Read more on cointelegraph.comAbout this in other media
How FTX Bought Its Way To Become The "Most Regulated" Crypto Exchange ndtv.com /2 years ago
South Korean Crypto Exchange Gopax Services Hit by Genesis Disruption cryptonews.com /2 years ago
Bitcoin Price and Ethereum Prediction - Risk-off Triggers as Genesis Trading Halts Withdrawals cryptonews.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
