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A crypto exchange platform was hacked, with millions of dollars worth of Bitcoin (BTC), Ethereum (ETH), and the stablecoin USD Coin (USDC) hacked.
Digital asset exchange Deribit has told its 52,000 Twitter followers that it stole $28,000,000 worth of BTC, ETH, and USDC after malicious actors compromised their crypto wallets.
However, Deribit Note The client’s funds are not at risk and their losses are covered by the company’s reserves. Crypto exchanges also say they keep the overwhelming majority of their customers’ digital assets in cold storage, unaffected by hacks.
Deribit’s hot wallet has been compromised, but client funds are safe and losses are covered by the company’s reserves. UTC), it was hacked for $28 million earlier this evening.
Client assets, fireblocks, or cold storage addresses are unaffected. It is company procedure to keep his 99% of user funds in cold storage to limit the impact of this type of event. Hacks are isolated and quarantined in BTC, ETH and USDC hot wallets. ”
The cryptocurrency exchange has since said it has temporarily suspended customer withdrawals due to the issue, and while deposits will be processed during this period, customers are advised not to deposit anything until instructed. I added that there are.
We are conducting ongoing security checks and have to suspend withdrawals, including third-party custodians Copper Clearloop and Cobo, until we are confident that everything can resume safely. Already sent. Deposits will continue to be processed and credited to your account after the required number of confirmations.
We’ve increased the minimum number of confirmations at this time, which is causing delays in depositing funds. Please do not send new deposits until you reopen your wallet. “
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