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Cyber Security

Mystery Surrounds Recent Cryptocurrency Wallet Hack

CoinPouch, a multi-currency wallet app, announced a hack on Tuesday that affected users who stored Verge currency in their wallets. The company blamed the incident on a Verge node the company set up together with Verge project maintainers to handle Verge transactions for users. The Verge team said they’ve traced the stolen Verge funds to the thief’s wallet, holding over 126 million Verge coins. Coin Pouch has contacted cryptocurrency exchange platforms and asked them to blacklist the stolen wallet, hoping to trap the funds inside.

Source: https://www.bleepingcomputer.com/news/security/mystery-surrounds-recent-cryptocurrency-wallet-hack/

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