Match Systems' CEO Andrei Kutin Provides Insight On DMM Bitcoin Breach
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This story was originally published on HackerNoon at: https://hackernoon.com/match-systems-ceo-andrei-kutin-provides-insight-on-dmm-bitcoin-breach.
Whether social engineering techniques or malware were used to get exchange employees to sign a transaction authorizing the transfer of funds to their wallets, w
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Japanese cryptocurrency exchange DMM Bitcoin was recently hacked, resulting in the theft of over $300 million dollars in Bitcoins. The hackers were able to access a private key, which allowed them to transfer 4,502.9 bitcoins from the exchange's main wallet. More than 2,000 BTC was sent to addresses associated with JoinMarket, while 2,500 BTC remained at the hackers' original addresses.
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