Alphapo hot wallets hacked for over $31 million
The funds were allegedly taken from the Ethereum blockchain. The number of Bitcoins stolen remains uncertain.
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Crypto payment platform Alphapo has lost at least $31 million from its active wallets on Ether (ETH), TRON (TRX), and Bitcoin (BTC), security experts reported on July 22. Since the number of Bitcoins stolen is uncertain, the numbers could be even higher.
According to on-chain sleuth ZachXBT, the funds were stolen from the Ethereum network, then exchanged for ETH before being linked to the Avalanche and Bitcoin blockchains. According to DeDotFi's security team, the hack may have been caused by leaking private keys. Investigations are still ongoing.
Alphapo is a payment processor that offers instant transactions on over 30 digital assets and balances in a range of fiat currencies. The company is best known for being the crypto gateway for a number of gaming platforms, including HypeDrop, Ignition, and Bovada.
Alphapo Hot Wallet hacked
Over $31,000,000 stolen, with reports suggesting up to approximately $100 million.
Hot wallet hacked on Ethereum, Tron and BTC. The stolen funds were exchanged and distributed among various EOAs.
: Here are the details of the incident pic.twitter.com/bLeCLJvH6G
— De.Fi ️ Web3 Antivirus (@DeDotFiSecurity) July 23, 2023Following the incident, Alphapo's client, HypeDrop, stopped processing crypto transactions. The Mystery Box platform said on Twitter that it was having issues with deposits and withdrawals following the hack. "Please know...
The funds were allegedly taken from the Ethereum blockchain. The number of Bitcoins stolen remains uncertain.
News
Join us on social networks
Crypto payment platform Alphapo has lost at least $31 million from its active wallets on Ether (ETH), TRON (TRX), and Bitcoin (BTC), security experts reported on July 22. Since the number of Bitcoins stolen is uncertain, the numbers could be even higher.
According to on-chain sleuth ZachXBT, the funds were stolen from the Ethereum network, then exchanged for ETH before being linked to the Avalanche and Bitcoin blockchains. According to DeDotFi's security team, the hack may have been caused by leaking private keys. Investigations are still ongoing.
Alphapo is a payment processor that offers instant transactions on over 30 digital assets and balances in a range of fiat currencies. The company is best known for being the crypto gateway for a number of gaming platforms, including HypeDrop, Ignition, and Bovada.
Alphapo Hot Wallet hacked
Over $31,000,000 stolen, with reports suggesting up to approximately $100 million.
Hot wallet hacked on Ethereum, Tron and BTC. The stolen funds were exchanged and distributed among various EOAs.
: Here are the details of the incident pic.twitter.com/bLeCLJvH6G
— De.Fi ️ Web3 Antivirus (@DeDotFiSecurity) July 23, 2023Following the incident, Alphapo's client, HypeDrop, stopped processing crypto transactions. The Mystery Box platform said on Twitter that it was having issues with deposits and withdrawals following the hack. "Please know...
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