Crypto.com: Fortune Favors the Hacker—$16M ‘Stolen’ - Security Boulevard

DeFi—A Planet-Burning Ponzi Scheme: DeFi exchange Crypto.com got hacked yesterday, sources say. Users reported imaginary money missing from their accounts—as researchers watched it being laundered.

Which presumably means $16.3M of VCs’ capital was lost.

In today’s #SBBlogwatch, we dance on the head of pin. At @SecurityBlvd: https://t.co/gGednXGnkh

— @Richi 😷 Jennings (@RiCHi) January 18, 2022