• Crypto Exchange Ripped For 1.5 BILLION

    From c186282@c186282@nnada.net to talk.politics.misc,alt.politics,alt.fan.rush-limbaugh,alt.politics.trump,alt.security on Saturday, February 22, 2025 22:14:24
    From Newsgroup: alt.security

    https://techxplore.com/news/2025-02-cryptocurrency-exchange-victim-billion-hack.html

    Cryptocurrency exchange says it was victim of $1.5 billion hack

    A major cryptocurrency exchange says it was the victim
    of a sophisticated hack that stole about $1.5 billion
    worth of digital currency, marking one of the biggest
    online thefts of all time.

    Bybit said Friday that a routine transfer of Ethereum,
    one of the most popular cryptocurrencies, between digital
    wallets was "manipulated" by an attacker who transferred
    the crypto to an unidentified address.

    The company sought to reassure customers that their
    cryptocurrency holdings with the exchange were safe.

    . . .

    Umm .. no .. not really safe .....

    The very 'ease' crypto promises may also make
    it too easy for thieves.

    1.5 BILLION - that's one of the biggest thefts
    anywhere any time ever. The e-coins have been
    surely filtered through a bunch of secondary
    and tertiary systems, making them basically
    impossible to find and definitively tag.

    Insider job ? VERY worth looking into, however
    Vlad and Xi have also proven they can get access
    to pretty much any system, any time.

    Trump has been keen on crypto - even offered his
    own 'vanity coin' for a little while. However
    THIS is a big lesson as to the real dangers,
    biggest since the 'crypto bros' looted their
    own system.
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  • From Siri Cruise@chine.bleu@www.yahoo.com to talk.politics.misc,alt.politics,alt.fan.rush-limbaugh,alt.politics.trump,alt.security on Sunday, February 23, 2025 00:48:51
    From Newsgroup: alt.security

    c186282 wrote:
    Cryptocurrency exchange says it was victim of $1.5 billion hack

    A major cryptocurrency exchange says it was the victim
    of a sophisticated hack that stole about $1.5 billion
    worth of digital currency, marking one of the biggest
    online thefts of all time.

    I wonder if Congress can step in with its power to regulate
    forgery of securities?
    --
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