$108M Crypto Heist Exposes a Major Weakness in Exchange Security

A crypto theft involving a European financial institution has highlighted the limitations of exchange withdrawal allowlists after an attacker gained access to both exchange accounts and previously approved wallets. Blockchain investigator ZachXBT initially reported more than $106 million stolen but later identified an additional $27 million. This pushed the loss to more than $133 million. … Read The Full Article $108M Crypto Heist Exposes a Major Weakness in Exchange Security On Coin Edition .