đš Bahrain-based cryptocurrency exchange Rain suffered a $14.8 million attack. According to blockchain detective ZachXBT, the stolen funds were divided into wallets of 137.9 BTC and 1,881 ETH. Rain suffered a likely $14.8 million hack in April 2024 after seeing massive outflows of BTC, ETH, SOL, and XRP. đ”ïžââïž
The "pro" version of Rain has been intermittently down since May 5th. Rain was granted a license to operate virtual asset brokerage and custody services in the United Arab Emirates in 2023.
Last year, crypto investors lost $2 billion due to attacks and exploits across the industry. An extra $333 million was stolen in the first quarter of this year.
Rain did not immediately respond to CoinDesk's request for comment. How do you think Rain can get out of this situation? We are waiting your comments! đ
