Express

Komodo Hacks Own Platform To Save Users Millions

Ramsey Baker

Summary: Komodo, a startup blockchain was forced to hack their own platform to save their users $13 million worth of cryptocurrency, according to ZDNet. The Komodo team was warned by security researchers of a backdoor that could cost users their money. Komodo acted fast on the news and instead hacked themselves finding whatever coins were vulnerable ...

Komodo, a startup blockchain was forced to hack their own platform to save their users $13 million worth of cryptocurrency, according to ZDNet. The Komodo team was warned by security researchers of a backdoor that could cost users their money. Komodo acted fast on the news and instead hacked themselves finding whatever coins were vulnerable on the site and transferring them to safe and secure wallets the team controls.

Author: Ramsey Baker

Last Update:

Tags: ,,,,,
Link: Komodo Hacks Own Platform To Save Users Millions   [Copy]
Next:

Related Articles

  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift 15 days ago
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING 16 days ago
  • Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? 23 days ago
  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... October 5, 2025
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... October 1, 2025

    • You need to login to comment.