$8M in cryptocurrency bizarrely goes missing from bank-protected wallets
Swiss digital asset exchange Trade.io claims hackers have stolen nearly $8M million worth of cryptocurrency directly from its cold storage devices, which were supposedly kept under lock and key in a bank. The team behind the exchange confirmed the losses in a message posted to its Medium blog on Sunday. “Around 08:40 EST, our security team was alerted to a large transaction from one of our wallets held in cold storage,” the announcement reads. “We can confirm that […] 50M TIO ($7.8M) […] being held in cold storage has been withdrawn, and an estimated 1.3M ($201K) of that had been…
This story continues at The Next Web