Blog | G5 Cyber Security

Crypto Exchange KLAYswap Loses $1.9M After BGP Hijack

Unknown hackers have stolen around $1.9 million from South Korean cryptocurrency platform KLAYswap using a Border Gateway Protocol hack in the server infrastructure of one of its suppliers. This is the fourth cryptocurrency attack over the past month – the most recent being last weeks hit on Meter, a blockchain infrastructure company that provides multichain bridging and allows users to trade multiple cryptocurrencies across the Ethereum and Solana blockchains, which was exploited for around $4.4 million. This was preceded by the Wormhole network attack on a token bridge.”]

Source: https://www.bankinfosecurity.com/crypto-exchange-klayswap-loses-19m-after-bgp-hijack-a-18518

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