TLDR InfoSec · ATTACKS & VULNERABILITIES

POLONIEX CRYPTO EXCHANGE SUFFERS $100M BREACH

cointelegraph.com3 min read

Summary from the TLDR InfoSec newsletter

$100M was transferred from a crypto wallet belonging to the Poloniex exchange. Blockchain security firm CertiK suggests that the incident was likely the result of a compromised private key. Poloniex is committed to reimbursing customers and has offered a 5% bug bounty to the hacker upon return of the funds.