Kronos Research halts trading amid $25M API key hack investigation

🌟 Hacker steals $25 million from Kronos Research using compromised API keys, no initial losses reported
🌟 Investigation reveals six transactions totaling 12,800 ETH to hacker's six wallets.
🌟 Kronos suspends services; Q3 2023 sees highest crypto losses at $700 million.

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👀 🔎 Where is 25 Million Dollars? 💵

🤯 A hacker in a black hat stole $25 million worth of crypto assets belonging to the famous trade firm Kronos Research after successfully crossing the firewall and accessing the API keys through the site.

Regarding the November 19 incident, Kronos Research officials announced that an unauthorized organization had access to some API keys. After this unfortunate development, the company stopped the trading services it provided on the platform, but no loss was reported by the company officials in the announcement.

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