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2FA Bypassed in $34.6M Crypto.com Heist

Crypto.com says it has lost $34.65 million worth of cash, Bitcoin and other currencies. The company initially denied the theft, saying that no customer funds were lost. But now, the exchange has acknowledged that the total amount of the loss is well over $300 million. The exchange also said that the robbers pulled it off by blowing past the exchanges 2FA system. It has revoked all 2FA tokens and added additional security hardening measures, including a mandatory 24-hour delay.”]

Source: https://threatpost.com/2fa-bypassed-crypto-com-heist/177846/

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