Crypto.com, a cryptocurrency exchange, suspended its normal withdrawal operations after customers reported having experienced suspicious activity regarding their accounts.
Crypto.com, a cryptocurrency exchange, experienced an incident on January 17 when some users reported strange activity in their accounts.
Auditing Firms Claim Crypto.com Lost $15 Million in Incident as Users Report Suspicious ActivityCrypto.com, a leading cryptocurrency exchange, experienced an incident on January 17 when some of its users reported strange activity in their accounts. The exchange acknowledged the event, and conducted an investigation immediately after, declaring that all funds were safe. However, reports from security and blockchain auditing firms Certik and Peckshield indicate that some funds were removed from exchange wallets.Read more: Bitcoin News »
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Crypto Markets Lose $100 Billion Daily as Bitcoin Dips Below $42K (Market Watch)The crypto market cap is down by roughly $100 billion in a day as bitcoin and most altcoins went on another ride south.
1 hour ago Auditing Firms Claim Crypto.com Lost $15 Million in Incident as Users Report Suspicious Activity Crypto.com, a leading cryptocurrency exchange, experienced an incident on January 17 when some of its users reported strange activity in their accounts. The exchange acknowledged the event, and conducted an investigation immediately after, declaring that all funds were safe. However, reports from security and blockchain auditing firms Certik and Peckshield indicate that some funds were removed from exchange wallets. Crypto.com Suspends Withdrawals After Suspicious Activity Reported suspended normal withdrawal operations after customers reported having experienced suspicious activity regarding their accounts. In its first statements, the exchange told customers that all funds were safe. The reports led to an enhancement in the security measures applied to access the accounts, with all customers having to sign back into their accounts. Also, the two-factor authentication (2FA) for all accounts had to be reset.