Lykke crypto exchange acknowledges hack after halting withdrawals
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Lykke cryptocurrency exchange has halted withdrawals after suffering an exploit on June 4, according to a June 10 social media announcement. The exchange claimed that users’ funds “are safe and will be recovered.”
According to the post, both Lykke UK and Lykke Corp AG were affected by the attack.
In another post in the same thread, the exchange stated that withdrawals have been paused “as a preventative measure.”
Lykke is a centralized cryptocurrency exchange launched in 2015 and based in Switzerland. On its website, it advertises itself as a “no fee crypto exchange” and claims to have evolved from a “prominent forex broker.”
Blockchain security researcher SomaXBT claimed to have discovered the attack on June 9. They accused the team of attempting to hide the security breach, stating “@lykke CTX got exploited and lost $19.5 million worth crypto assets but team still trying to hide this fact.” In a reply to their own post, …
According to the post, both Lykke UK and Lykke Corp AG were affected by the attack.
In another post in the same thread, the exchange stated that withdrawals have been paused “as a preventative measure.”
Lykke is a centralized cryptocurrency exchange launched in 2015 and based in Switzerland. On its website, it advertises itself as a “no fee crypto exchange” and claims to have evolved from a “prominent forex broker.”
Blockchain security researcher SomaXBT claimed to have discovered the attack on June 9. They accused the team of attempting to hide the security breach, stating “@lykke CTX got exploited and lost $19.5 million worth crypto assets but team still trying to hide this fact.” In a reply to their own post, …