10 months ago
While Kronos Research indefinitely halted trading services until interior investigations tracked down the culprit that stole implicit 12800 ETH, the steadfast said that imaginable losses are not a important information of its equity.
A hacker walked distant with $25 cardinal from quantitative trading steadfast Kronos Research aft accessing its compromised API keys.
On Nov. 19, Kronos Research revealed that an unauthorized entity accessed immoderate of its API keys. Subsequently, the steadfast stopped its trading services connected the platform. However, nary losses were reported astatine the time.
In the involvement of transparency
Around 4 hours ago, we experienced unauthorized entree of immoderate of our API keys. We paused each trading portion we behaviour an investigation. Potential losses are not a important information of our equity and we purpose to resume trading arsenic soon arsenic possible.
Blockchain researcher ZachXBT followed up connected the announcement and recovered astir $25 cardinal successful full were siphoned distant into six unsocial crypto wallet addresses. According to the investigation, the six transactions — worthy 2,780 Ether (ETH), 2,540 ETH, 2,540 ETH, 2,636 ETH, 4.93 ETH and 2,507.52 ETH, respectively — were made from a Kronos Research relationship to assorted addresses owned by the hacker.
Kronos Research hacker sends stolen $25 cardinal to assorted addresses. Source: EtherscanWhile Kronos Research indefinitely halted the trading services until interior investigations tracked down the culprit that stole implicit 12800 ETH, the steadfast expects a affirmative outcome:
“Potential losses are not a important information of our equity and we purpose to resume trading arsenic soon arsenic possible.”Kronos Research did not instantly respond to Cointelegraph’s petition for comment.
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