You simply can’t and shouldn’t trust these exchanges with any big sums of your money.
OfficialBONKfun on
Safe safe. Use a DEX whenever possible
coinfeeds-bot on
tldr; Crypto.com reportedly suffered a security breach linked to the Scattered Spider hacking group but did not disclose it, according to a Bloomberg investigation. The attackers used social engineering tactics to trick employees into revealing credentials. Crypto.com stated that customer funds were unaffected, but critics argue the secrecy undermines trust and highlights risks associated with KYC systems. The incident has reignited debates over data security and regulatory frameworks in the cryptocurrency industry.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Calm_Voice_9791 on
This is why every1 needs to use a cold storage.
CipherScarlatti on
CDC – the exchange that will always surprise you. Never in a good way.
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You simply can’t and shouldn’t trust these exchanges with any big sums of your money.
Safe safe. Use a DEX whenever possible
tldr; Crypto.com reportedly suffered a security breach linked to the Scattered Spider hacking group but did not disclose it, according to a Bloomberg investigation. The attackers used social engineering tactics to trick employees into revealing credentials. Crypto.com stated that customer funds were unaffected, but critics argue the secrecy undermines trust and highlights risks associated with KYC systems. The incident has reignited debates over data security and regulatory frameworks in the cryptocurrency industry.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
This is why every1 needs to use a cold storage.
CDC – the exchange that will always surprise you. Never in a good way.