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#A.digital.currency.platform.suffers.a.massi ve security breach and thefts worth $7.5 million are discovered ๐Ÿš€โฌ‡๏ธ _#Web3.blockchain transaction security platform Cyvers revealed that Estonian digital asset payment processing platform #CoinsPaid has suffered its second major security breach in the past six months, with a total of unauthorized transactions approaching $7.5 million. The technical system of the Cyvers platform, which is based on artificial intelligence, had discovered the existence of several unusual transactions that took place - at exactly 01:26 GMT - on January 6, 2024, which resulted in the withdrawal of digital assets worth $6.1 million, which included transfers of USDT currencies. ETH and USDC, in addition to CoinsPaid's base currency CPD. According to reports, the hacker exchanged about 97 million CPD coins - with a total value estimated at about $368,000 - with Ethereum currencies (Ethereum-ETH), to be transferred to wallet addresses belonging to external entities and various digital currency trading platforms, including the MEXC and WhiteBit platforms. and ChangeNOW. Additional analyzes conducted by Cyvers, a blockchain transaction security platform, showed a number of other unauthorized transactions using the BNB currency exceeding $1 million in value, bringing the total stolen balances to approximately $7.5 million. The platform shared details about these transactions via social media, including the hackerโ€™s wallet address, while CoinsPaid has not yet issued any official updates or data regarding the security breach it was exposed to. #CoinsPaid is exposed to its second major security breach. The latest security breach follows another hacking incident that took place during July 2023, where hackers seized assets worth more than $37.3 million. According to CoinsPaid's statements, the latest breach occurred when hackers tricked one of its employees into a fake job interview, and the employee downloaded malicious code, giving the hackers unauthorized access to its technical infrastructure. #follow To see more breaking news ๐Ÿš€
#A.digital.currency.platform.suffers.a.massi ve security breach and thefts worth $7.5 million are discovered ๐Ÿš€โฌ‡๏ธ

_#Web3.blockchain transaction security platform Cyvers revealed that Estonian digital asset payment processing platform #CoinsPaid has suffered its second major security breach in the past six months, with a total of unauthorized transactions approaching $7.5 million. The technical system of the Cyvers platform, which is based on artificial intelligence, had discovered the existence of several unusual transactions that took place - at exactly 01:26 GMT - on January 6, 2024, which resulted in the withdrawal of digital assets worth $6.1 million, which included transfers of USDT currencies. ETH and USDC, in addition to CoinsPaid's base currency CPD.
According to reports, the hacker exchanged about 97 million CPD coins - with a total value estimated at about $368,000 - with Ethereum currencies (Ethereum-ETH), to be transferred to wallet addresses belonging to external entities and various digital currency trading platforms, including the MEXC and WhiteBit platforms. and ChangeNOW. Additional analyzes conducted by Cyvers, a blockchain transaction security platform, showed a number of other unauthorized transactions using the BNB currency exceeding $1 million in value, bringing the total stolen balances to approximately $7.5 million. The platform shared details about these transactions via social media, including the hackerโ€™s wallet address, while CoinsPaid has not yet issued any official updates or data regarding the security breach it was exposed to.
#CoinsPaid is exposed to its second major security breach. The latest security breach follows another hacking incident that took place during July 2023, where hackers seized assets worth more than $37.3 million. According to CoinsPaid's statements, the latest breach occurred when hackers tricked one of its employees into a fake job interview, and the employee downloaded malicious code, giving the hackers unauthorized access to its technical infrastructure.

#follow To see more breaking news ๐Ÿš€
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๐Ÿšจ CoinsPaid Attributes $37.3 Million Hack to North Korean Lazarus Group ๐Ÿšจ #CoinsPaid , a cryptocurrency payments platform, experienced a hacking incident on July 22, resulting in a $37.3 million theft. Suspecting the Lazarus Group, a North Korean state-backed hacker organization, CoinsPaid worked to fortify their systems, limiting the hackers' success. Operations resumed in a restricted environment, and customer funds remained unaffected, but the platform and balance sheet suffered damage. CoinsPaid reported the incident to Estonian law enforcement and received help from blockchain security firms. The CEO is confident in holding the hackers accountable. Also, #GitHub believes Lazarus Group targets cryptocurrency and cybersecurity professionals through social engineering schemes. #Binance #crypto2023 #NorthKorea
๐Ÿšจ CoinsPaid Attributes $37.3 Million Hack to North Korean Lazarus Group ๐Ÿšจ

#CoinsPaid , a cryptocurrency payments platform, experienced a hacking incident on July 22, resulting in a $37.3 million theft.

Suspecting the Lazarus Group, a North Korean state-backed hacker organization, CoinsPaid worked to fortify their systems, limiting the hackers' success.

Operations resumed in a restricted environment, and customer funds remained unaffected, but the platform and balance sheet suffered damage.

CoinsPaid reported the incident to Estonian law enforcement and received help from blockchain security firms. The CEO is confident in holding the hackers accountable.

Also, #GitHub believes Lazarus Group targets cryptocurrency and cybersecurity professionals through social engineering schemes.

#Binance
#crypto2023
#NorthKorea
๐Ÿšจ#CoinsPaid ,a platform that provides crypto payments, has suffered its second major security breach in the last six months. A total of $7.5 million worth of #USDT , $USDC , $ETH , $BNB and #CPD tokens were stolen. ๐Ÿ‘‰- CoinsPaid, which lost $37.3 million in the first attack, determined that the North Korean Lazarus Group was responsible. ๐Ÿ‘‰- It is thought that the second attack was carried out using a similar method. ๐Ÿ‘‰- CoinsPaid claims to process approximately EUR 7 million worth of transactions monthly. โšกSo far, the platform has not made an official statement on the issue.โœจ ๐Ÿ™๐ŸฟShow Your Support๐Ÿ”ฅ ๐Ÿ™๐ŸฟIf you found this helpful, consider to tipping me through the Binance Tipping feature. Your generosity will help me to continue to provide high quality contents. ๐Ÿ™๐Ÿฟ #etf #XAI
๐Ÿšจ#CoinsPaid ,a platform that provides crypto payments, has suffered its second major security breach in the last six months. A total of $7.5 million worth of #USDT , $USDC , $ETH , $BNB and #CPD tokens were stolen.

๐Ÿ‘‰- CoinsPaid, which lost $37.3 million in the first attack, determined that the North Korean Lazarus Group was responsible.

๐Ÿ‘‰- It is thought that the second attack was carried out using a similar method.

๐Ÿ‘‰- CoinsPaid claims to process approximately EUR 7 million worth of transactions monthly.

โšกSo far, the platform has not made an official statement on the issue.โœจ

๐Ÿ™๐ŸฟShow Your Support๐Ÿ”ฅ

๐Ÿ™๐ŸฟIf you found this helpful, consider to tipping me through the Binance Tipping feature. Your generosity will help me to continue to provide high quality contents. ๐Ÿ™๐Ÿฟ

#etf #XAI
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