I know that this is not in the top 10 as far as exchanges goes, but they said they have 2 millions users affected by this attack. Their hot wallet is safe according to them but the hackers manage to delete their databases.
Topic: Hotbit crypto exchange has been hacked - page 2. (Read 264 times)
I know that this is not in the top 10 as far as exchanges goes, but they said they have 2 millions users affected by this attack. Their hot wallet is safe according to them but the hackers manage to delete their databases.
https://bitcointalksearch.org/topic/m.56904573
That is one of the recent report about Hotbit crypto exchange hack that happened recently, but I just did not only focused it on the exchange because it can happen to any other exchange, even binance has been hacked before in the past.
It is good to just not leave coins on exchanges if we are not trading, many users information were exposed which is very annoying but it has now been usual occurrences these days but most people are very ignorant of how data breach can be very dangerous. It is better to be protect ourselves from the world by using noncustodial wallets which will not require our information.
That is one of the recent report about Hotbit crypto exchange hack that happened recently, but I just did not only focused it on the exchange because it can happen to any other exchange, even binance has been hacked before in the past.
It is good to just not leave coins on exchanges if we are not trading, many users information were exposed which is very annoying but it has now been usual occurrences these days but most people are very ignorant of how data breach can be very dangerous. It is better to be protect ourselves from the world by using noncustodial wallets which will not require our information.
Not sure if this has been reported in our community, but according to Hotbit's official twitter account:
https://twitter.com/Hotbit_news/status/1388115394271932417
https://hotbit.zendesk.com/hc/en-us/articles/1500008915521-
I know that this is not in the top 10 as far as exchanges goes, but they said they have 2 millions users affected by this attack. Their hot wallet is safe according to them but the hackers manage to delete their databases.
So if you have an account on this exchange, better follow their official twitter account.
Another lessons, "not your keys, not your coins" adage.
https://twitter.com/Hotbit_news/status/1388115394271932417
Quote
Currently our work consists of the following two sections:
Considering the fact that Hotbit is about to exceed 2 million registered users and has a huge service system architecture of more than 200 servers online, in order to ensure security, Hotbit team will completely rebuild all servers；
The attacker maliciously deleted the user database after failing to obtain assets. Although the database is routinely backed up , we are still uncertain whether the attacker has poluted data or not before the attack. . Therefore, we also need to conduct a comprehensive inspection of the overall data. Once any anomaly is detected, we will perform an accurate reconstruction to ensure that all user data is accurate.
Therefore, these two sections of work will consume a lot of time. We initially expect that the recovery period will last about 7-14 days. The estimated time of recovery will be more as all things going on, and we will update our latest progress in Hotbit communities as well.
Considering the fact that Hotbit is about to exceed 2 million registered users and has a huge service system architecture of more than 200 servers online, in order to ensure security, Hotbit team will completely rebuild all servers；
The attacker maliciously deleted the user database after failing to obtain assets. Although the database is routinely backed up , we are still uncertain whether the attacker has poluted data or not before the attack. . Therefore, we also need to conduct a comprehensive inspection of the overall data. Once any anomaly is detected, we will perform an accurate reconstruction to ensure that all user data is accurate.
Therefore, these two sections of work will consume a lot of time. We initially expect that the recovery period will last about 7-14 days. The estimated time of recovery will be more as all things going on, and we will update our latest progress in Hotbit communities as well.
https://hotbit.zendesk.com/hc/en-us/articles/1500008915521-
I know that this is not in the top 10 as far as exchanges goes, but they said they have 2 millions users affected by this attack. Their hot wallet is safe according to them but the hackers manage to delete their databases.
So if you have an account on this exchange, better follow their official twitter account.
Another lessons, "not your keys, not your coins" adage.
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