Crypto exchange Deribit suspends withdrawals after BTC, ETH, and USD wallets hack

Crypto derivatives exchange Deribit announced that it is temporarily suspending withdrawals from its platform. The move is in response to a recent hack that compromised its Bitcoin (BTC), Ether (ETH), and USDC wallets. The crypto exchanges hot wallets were hacked before midnight UTC on November 1. Around $28 million worth of cryptocurrencies were compromised by the attack but the company assured that client funds are safe because the losses are covered by the crypto exchanges reserves, according to Cointelegraph. Client assets, Fireblocks or any of the cold storage addresses are not...



source: https://tokenpost.com/Crypto-exchange-Deribit-suspends-withdrawals-after-BTC-ETH-and-USD-wallets-hack-9809

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