Crypto.com Pauses Withdrawals Due to Possible $15 Million Hack

Emma Newbery, The Motley Fool

January 18, 2022 at 5:16 p.m.·4 min read

Crypto.com Pauses Withdrawals Due to Possible $15 Million Hack

The popular cryptocurrency exchange Crypto.com paused withdrawals for 14 hours earlier this week, but there are conflicting reports around what actually happened. One blockchain security firm estimates at least $15 million of Ethereum (ETH) was stolen, but the Crypto.com team says all customer funds are safe. After withdrawals had resumed, Crypto.com CEO Kris Marszalek posted that no customer funds had been lost and promised a full investigation.

Local Journalism Initiative
Alberta imposes fire restriction as officials urge collective action to mitigate risk
A province-wide fire restriction has been put in place. All outdoor fires are now prohibited on public lands, including backcountry and random camping areas, excluding Calgary’s forest protection zone. While there have been evacuation alerts to two Alberta communities this past week, no wildfires are classified as out of control as of the April 24 provincial weekly update. “Alberta continues to experience higher than normal wildfire risk and activity for this time of the year,” said Minister of
a minute ago
Local Journalism Initiative
Residents removing debris from yards on FireSmart Day
A wildfire bearing down on the community is not the time to be raking your leaves or filling your vehicle up with gas. This Saturday is a much better time to get you and your property prepared. “It is inevitable that we are going to get wildland fires. The conditions are there. It’s been proven year after year, but it’s not hopeless,” said Greg van Tighem, FireSmart co-ordinator for the Municipality of Jasper. “A lot of people when they think about it, they see these big fires and they think, ‘O
a minute ago
PA Media: Science
Extinct giant salmon ‘used tusk-like tooth for fighting and not catching prey’
These fish were not gentle giants, researchers say.
a minute ago
KameraOne
Farmer hilariously attacked by his ostriches during video presentation
A farmer was trying to shoot a video describing his new coat in front of an ostrich enclosure on his farm in Shandong, China. But the cheeky birds had other ideas.
a minute ago
Yahoo Finance
Stock market today: Tesla surges after earnings, stocks cling to gains ahead of Meta's report
Tesla's surge is putting Big Tech earnings center stage as investors look to megacaps to lift stocks.
2 minutes ago
Local Journalism Initiative
'100th Anniversary of Humiliation Day': Chinese Canadian Museum collecting stories of head tax payers
Did your family pay the head tax? How did it affect your family? Did the Chinese Exclusion Act lead to family separations? The Chinese Canadian Museum (CCM) wants to hear from you. In 1885, the Canadian government escalated the Chinese Immigration Act into a law, stipulating that all Chinese people entering Canada must first pay a $50 fee, later referred to as a head tax. The law was amended in 1887, 1892 and 1900, with the fee increasing to $100 in 1900 and later to its maximum of $500 in 1903,
2 minutes ago
Investor's Business Daily
Weight Loss Leader Novo Nordisk Hits Buy Trigger In Stock Market Rebound
Novo Nordisk stock: The weight-loss drug leader hit a buy point in the recent stock market rebound and is one of the best stocks to watch.
3 minutes ago
Business Insider
Stock market today: Tesla shares pop as Elon Musk's promise of cheaper EVs charms investors
Despite missing expectations for the first quarter, Tesla stock still staged a comeback in after-hours trading on talk of new, more affordable models.
4 minutes ago
Investor's Business Daily
Magnificent Seven Stocks: Nvidia Stock Slides; Tesla Soars On Earnings; Meta Earnings Next
Magnificent Seven stocks, including AI leader Nvidia, are among the best stocks to watch in today's stock market.
4 minutes ago
The Telegraph
Democrats abandon Tesla as Musk turns right-wing influencer
US Democrats are turning their backs on Tesla as Elon Musk gains traction as a right-wing influencer.
4 minutes ago
Investor's Business Daily
AI Chip Leader Arm Stock Plunges 31%, Is It A Buy Right Now?
AI chip stock Arm Holdings surged more than 152% past a recent buy point. Following that advance, is Arm stock a buy in today's stock market?
4 minutes ago
HuffPost
Not Checking This WiFi Setting Is Like 'Leaving Your Front Door Open' To Hackers
Unfortunately, there are countless creeps who love that we love the internet — and who would love to swipe our personal information.
4 minutes ago
Fort Worth Star-Telegram
Texas Clear Alert issued for missing 50-year-old Weatherford woman
Officials believe Steffanie Drake’s disappearance poses a credible threat to her health and safety. Her family last heard from her Tuesday night.
4 minutes ago
WCPO - Cincinnati Scripps
OSHP honor two men for saving woman, child from burning car crash
"On January 19, 2024, troopers from the Lebanon Post and the Warren County Sheriff's Office were dispatched to the scene of a crash involving a vehicle on fire on Interstate 71. Before first responders arrived on scene, David Dickerson and Levi Hollingsworth removed the driver and her infant daughter from the burning car. For displaying teamwork and a sense of urgency, Mr. Dickerson and Mr. Hollingsworth are being awarded the Ohio State Highway Patrol's Certificate of Recognition." - OSHP
5 minutes ago
InStyle
Dua Lipa Paired a Strong-Shouldered Statement Coat With a Blingy Bag
It's all about balance.
5 minutes ago
The Telegraph
US secretly sent long-range missiles to Ukraine
The US has secretly sent long-range ballistic missiles to Ukraine for the first time and they have already been used on the battlefield, officials said on Wednesday.
5 minutes ago
Reuters
US gasoline prices set to lose steam ahead of summer driving season
A spring surge in U.S. gasoline prices is set to fizzle out earlier than expected as geopolitical concerns abate, raising optimism that motorists will find some relief at the pump ahead of peak summer travel demand. U.S. gasoline prices are under a microscope ahead of the country's presidential elections in November, with stickiness in inflation among top issues plaguing consumers and policymakers. U.S. refiners are also returning from annual spring maintenance and ramping up utilization rates, boosting fuel output.
5 minutes ago
The Telegraph
Man, 56, charged with drugging and sexually assaulting girl, 9, abducted from outside Harrods
A 56-year-old man has been charged with drugging, kidnapping and sexually assaulting a nine-year-old girl who was snatched from outside Harrods.
6 minutes ago
CBC
Summerside facing challenges of growth, says mayor in state-of-city address
Mayor Dan Kutcher delivered Summerside's first-ever state-of-the-city address Wednesday morning.In a document containing the text of the speech provided in advance to CBC News, Kutcher spoke of the challenges facing Summerside, many of them connected to rapid population growth, and how the city is addressing them.Kutcher delivered the speech to a small crowd at Credit Union Place."Our population has grown by over 10 per cent in just a few years," the mayor said."Recently we have been adding as m
6 minutes ago
PA Media: UK News
UK wants to see Israeli plan for Rafah offensive, Lord Cameron says
The Foreign Secretary held talks with Israeli Prime Minister Benjamin Netanyahu last week.
7 minutes ago

Latest Stories