{"id":397109,"date":"2022-01-20T17:40:15","date_gmt":"2022-01-20T14:40:15","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/over-30-million-stolen-in-crypto-com-hack\/"},"modified":"2022-01-20T17:40:15","modified_gmt":"2022-01-20T14:40:15","slug":"over-30-million-stolen-in-crypto-com-hack","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/over-30-million-stolen-in-crypto-com-hack\/","title":{"rendered":"#Over $30 Million Stolen in Crypto.com Hack"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2e2075c4afc\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2e2075c4afc\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/over-30-million-stolen-in-crypto-com-hack\/#What_Happened_to_Cryptocom\" >What Happened to Crypto.com?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/over-30-million-stolen-in-crypto-com-hack\/#What_Is_Cryptocom_Doing_to_Fix_It\" >What Is Crypto.com Doing to Fix It?<\/a><\/li><\/ul><\/nav><\/div>\n<p><strong>&#8220;#Over $30 Million Stolen in Crypto.com Hack&#8221;<\/strong><\/p>\n<div>\n<figure style=\"width: 1200px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"type:primaryImage size-full wp-image-747705\" data-pagespeed-lazy-srcset=\"https:\/\/www.howtogeek.com\/wp-content\/uploads\/2021\/08\/hacker-with-laptop.jpg?width=398&amp;trim=1,1&amp;bg-color=000&amp;pad=1,1 400w, https:\/\/www.howtogeek.com\/wp-content\/uploads\/2021\/08\/hacker-with-laptop.jpg?width=1198&amp;trim=1,1&amp;bg-color=000&amp;pad=1,1 1200w\" sizes=\"auto, 400w, 1200w\" data-pagespeed-lazy-src=\"https:\/\/www.howtogeek.com\/wp-content\/uploads\/2021\/08\/hacker-with-laptop.jpg?width=1198&amp;trim=1,1&amp;bg-color=000&amp;pad=1,1\" alt=\"Hacker with a laptop\" width=\"1200\" height=\"675\" src=\"\/pagespeed_static\/1.JiBnMqyl6S.gif\" onload=\"pagespeed.lazyLoadImages.loadIfVisibleAndMaybeBeacon(this);\" onerror=\"this.onerror=null;pagespeed.lazyLoadImages.loadIfVisibleAndMaybeBeacon(this);\"\/><figcaption class=\"wp-caption-text\"><span class=\"type:primaryImage imagecredit\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.shutterstock.com\/image-photo\/male-hacker-652144957\">ViChizh\/Shutterstock.com<\/a><\/span><\/figcaption><\/figure>\n<p>A considerable hack occurred on the popular cryptocurrency exchange Crypto.com. The hack led to over $30 million in crypto being stolen in the form of 4,836.26 Ethereum and 443.93 bitcoin.<\/p>\n<h2 role=\"heading\" aria-level=\"2\"><span class=\"ez-toc-section\" id=\"What_Happened_to_Cryptocom\"><\/span>What Happened to Crypto.com?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The hack occurred on January 17, 2022, and the company finally issued a statement in a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/redirect.viglink.com\/?key=204a528a336ede4177fff0d84a044482&amp;u=https%3A%2F%2Fblog.crypto.com%2Fcrypto-com-security-report-next-steps%2F\">blog post<\/a> on January 20, 2022. In it, the company addressed the hack, broke down how much crypto was stolen, and explained how it handled the situation for its users.<\/p>\n<p>As of this writing, the current value of the ETH is\u00a0$15.2 million, and the BTC is $18.6 million, bringing the total to $33.8 million. That\u2019s a lot of money withdrawn directly from people who use the website to buy and sell crypto.<\/p>\n<p>Thankfully for the website\u2019s users, Crypto.com claims that everyone who had their funds stolen has been fully reimbursed for the substantial losses.\u00a0483 users were affected in total.<\/p>\n<p>Of course, that\u2019s a big blow for the company itself, but it\u2019s good to see that it did right for its users, especially since the hack was entirely out of a user\u2019s hands.<\/p>\n<p>From the blog post, here\u2019s what Crypto.com said h<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ened:<\/p>\n<blockquote><p>On Monday, 17 January 2022 at approximately 12:46 AM UTC Crypto.com\u2019s risk monitoring systems detected unauthorized activity on a small number of user accounts where transactions were being approved without the 2FA authentication control being inputted by the user. This triggered an im<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>te response from multiple teams to assess the impact. All withdrawals on the platform were suspended for the duration of the investigation. Any accounts found to be impacted were fully restored. Crypto.com revoked all customer 2FA tokens, and added additional security hardening measures, which required all customers to re-login and set up their 2FA token to ensure only authorized activity would occur. Downtime of the withdrawal infrastructure was approximately 14 hours, and withdrawals were resumed at 5:46 PM UTC, 18 January 2022.<\/p>\n<\/blockquote>\n<h2 role=\"heading\" aria-level=\"2\"><span class=\"ez-toc-section\" id=\"What_Is_Cryptocom_Doing_to_Fix_It\"><\/span>What Is Crypto.com Doing to Fix It?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Outside of restoring funds to users, the company is also improving its security measures to prevent something like this from happening again. A hack can be incredibly damaging to customer trust, especially when you\u2019re talking about a place where users are putting in substantial amounts of money.<\/p>\n<p>First, the company\u00a0added a layer of security that brings a mandatory 24-hour delay between registration of a new whitelisted withdrawal address and the first withdrawal.<\/p>\n<p>Crypto.com also added what it calls a Worldwide Account Protection Program (WAPP), which it says is an \u201cadditional protection and security for user funds held in the Crypto.com App and the Crypto.com Exchange.\u201d<\/p>\n<p>Basically, it\u00a0protects funds if a third party gains unauthorized access to an account and withdraws money without the user\u2019s permission. It restores up to $250,000 for qualified users (you have to have certain things in place on your account to qualify, which is broken down in the company\u2019s <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/redirect.viglink.com\/?key=204a528a336ede4177fff0d84a044482&amp;u=https%3A%2F%2Fblog.crypto.com%2Fcrypto-com-security-report-next-steps%2F\">blog post<\/a>).<\/p>\n<p>It\u2019ll be interesting to see if Crypto.com can keep its users\u2019 trust or if the hack will cause them to seek another cryptocurrency exchange. It seems like the company is doing the right things to fix the problem and prevent it from happening again, but that isn\u2019t always enough.<\/p>\n<\/div>\n<p><script>\n setTimeout(function(){\n  !function(f,b,e,v,n,t,s)\n  {if(f.fbq)return;n=f.fbq=function(){n.callMethod?\n  n.callMethod.apply(n,arguments):n.queue.push(arguments)};\n  if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\n  n.queue=[];t=b.createElement(e);t.async=!0;\n  t.src=v;s=b.getElementsByTagName(e)[0];\n  s.parentNode.insertBefore(t,s) } (window, document,'script',\n  'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n   fbq('init', '335401813750447');\n   fbq('track', 'PageView');\n  },3000);\n<\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more like this article, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/technology\/\" target=\"_blank\" rel=\"noopener\">Technology category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/www.howtogeek.com\/780946\/over-30-million-stolen-in-crypto.com-hack\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;#Over $30 Million Stolen in Crypto.com Hack&#8221; ViChizh\/Shutterstock.com A considerable hack occurred on the popular cryptocurrency exchange Crypto.com. The hack led to over $30 million in crypto being stolen in the form of 4,836.26 Ethereum and 443.93 bitcoin. What Happened to Crypto.com? The hack occurred on January 17, 2022, and the company finally issued a&#8230;<\/p>\n","protected":false},"author":1,"featured_media":397110,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.howtogeek.com\/wp-content\/uploads\/2021\/08\/hacker-with-laptop.jpg?height=200p&trim=2,2,2,2","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-397109","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/397109","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=397109"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/397109\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/397110"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=397109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=397109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=397109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}