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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

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