Crypto.com admits security incident, assures clients ‘funds are safe’

Alexandru_BD
Alexandru_BD admin
edited January 2022 in News & Blogs

Crypto.com, a cryptocurrency exchange app based in Singapore with over 10 million users, temporarily suspended withdrawal of funds Monday after a users reported suspicious activity in their accounts. The app, which is endorsed by Matt Damon and has sponsorship contracts with Formula 1, the Italian Seria A football league and the Los Angeles Lakers, held the suspension for 12 hours.

"We have a small number of users reporting suspicious activity on their accounts. We will be pausing withdrawals shortly, as our team is investigating. All funds are safe," the exchange tweeted on Monday afternoon, Sydney time. The tweet drew hundreds of replies from clients saying multiple unauthorized Ethereum transactions were registered to their wallets.

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Comments

  • Flexx
    Flexx DEFENDER OF THE YEAR 2023 / DEFENDER OF THE MONTH ✭✭✭✭✭ mod
    edited January 2022

    Well, we are now seeing cryptomining software getting included in antivirus software also....

    Norton & Norton owned Avira now have started doing that. Soon we might see them in Avast & Avg also since they are also now being owned by Norton.

    Regards

    Flex

    (Bitdefender beta tester 2019/ 2020)

    Life happens, Coffee helps!

    Bitdefender Ultimate Security Plus (user)

  • Heh, @Flexx we saw the above rant just this morning..but we are trying to keep away from talking about our competition. Instead, we let You, our users, decide based on objective reviews, comparisons and of course, personal experience and beliefs.

    Intel Core i7-7700 @ 3.60Ghz, 64GB DDR4 || Gigabyte nVIDIA GeForce® GTX 1070 G1 8GB || WD Blue NAND 500GB + 1TB

  • Flexx
    Flexx DEFENDER OF THE YEAR 2023 / DEFENDER OF THE MONTH ✭✭✭✭✭ mod

    It's good that bitdefender is not releasing any feature like this, from one end some companies are releasing mining software in their own product and then on the other side they are detecting the mining software of other developers as cryptominers, this sounds funny and weird at the same time.

    Kudos to bitdefender for not introducing something like this.

    Regards

    Flex

    Life happens, Coffee helps!

    Bitdefender Ultimate Security Plus (user)

  • That is a paradox indeed. We'll stick to antiviruses, don't worry 😃

    Premium Security & Bitdefender Endpoint Security Tools user