CryptoTvplus - $26M hack: Kronos Research halts trading to probe

in blockchain •  last year 

https://cryptotvplus.com/2023/11/26m-hack-kronos-research-halts-trading-to-probe/
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Kronos Research, a cryptocurrency research and trading company, has suspended trading services indefinitely while investigating the theft of over $26 million in cryptocurrency assets.

The theft was carried out by a hacker who exploited a vulnerability in the company's API keys.

Kronos Research has stated that it expects to resume trading services as soon as possible, and that the losses will not significantly impact its equity.

Beware of the API key hack!!

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