"BIGGEST Hackfest of the Year: Crypto Exchange Hacked for $100M"

[misteralex]

"Just heard the news that CryptoKing Exchange got hacked for a whopping $100M. Sounds like a massive security breach. Anyone have more details on what happened and what's being done to mitigate the damage?"

 

[mattroskin]

"Crazy to hear about this hack, sounds like a massive exploit! Hoping the affected exchange has robust insurance and can recover the losses, but this is a nightmare scenario for investors. Can someone confirm if this is a 51% attack or something else?"

 

[ilich60]

"Dude, this is insane. Another major hack in the space, and 100 mil is a massive loss. Anyone have any info on what exchange was hit and what the hackers are using here?"

 

[studentmaxim]

"Shocker, but not exactly surprising given the state of security some of these exchanges have. I've been saying for months that a major hack was only a matter of time. Hoping they can recover some of the funds, but sounds like a pretty devastating loss."

 

[xmxmx]

"Got my popcorn ready for this one. Not much info out yet, but I'm guessing we'll see some serious fallout with the exchange shutting down for a while. Anyone else see this coming, or was it out of left field?"

 

[BLACK-GROSS]

"Yikes, another major hack. Wondering what kind of security measures were in place and how they got bypassed. Anyone have any inside info on the exchange or the hack details?"

 

[Юля Бучнева]

"Bro, this is wild. Another billion-dollar hack in the crypto space. Not only does it hurt the victims, but it also sets a bad precedent for the industry's security."