1. Home
  2. Coin Telegraph
  3. Coinbase-backed Truflation confirms hack, estimated around $5M
Coinbase-backed Truflation confirms hack, estimated around M

Coinbase-backed Truflation confirms hack, estimated around $5M

0

Source: Coin Telegraph

Truflation’s team said that no customer funds were stolen in the security breach.

Blockchain-based inflation data platform Truflation confirmed it suffered a malware attack, with blockchain analysts estimating it lost up to $5.2 million.

“The Truflation team detected some abnormal activity. An attacker launched an attack using malware,” the project said in a Sept. 25 X post.

Truflation added it was monitoring the incident and is taking measures to protect funds while working with “leading industry partners” and law enforcement. 

Read more

Go to Source
Author: Brayden Lindrea