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One other Cryptocurrency Heist, This Time $2 Million Stolen from Akropolis

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Date: 2020-11-15 07:37:30

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$2 million price of Dai was stolen Thursday from the cryptocurrency borrowing/lending service Akropolis, experiences ZDNet — after which the service’s admins paused all transactions.

These assaults have been rising in numbers since early February this yr, and one of many largest flash mortgage assaults came about final month, in October, when hackers stole $24 million price of cryptocurrency property from decentralized finance service Harvest Finance.

The excellent news is that Akropolis says it has already recognized the attacker’s Ethereum account, which might permit it to trace funds as they transfer across the blockchain. The DeFi platform says it already notified main cryptocurrency exchanges concerning the hack and the attacker’s pockets in an try and have funds frozen and stop the attacker from laundering funds into different types of cryptocurrencies, lose the investigators’ tracks, and money out the funds.

Akropolis stated it’s at the moment exploring methods to reimburse customers for the loss.

Learn extra of this story at Slashdot.

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