#HackersDrainOver12.4MXRPFromDCENTWallets
A major security incident involving the D’CENT App Wallet has reportedly resulted in more than 12.4 million #XRP being drained from 7,393 XRP Ledger wallets. The activity began around September 15 and continued through September 25.
The incident is significant because the attackers reportedly continued using the same keys after the initial wave of thefts. Around 6.3 million XRP was also swapped into Ethereum, while investigators and security teams have been tracing the movement of the stolen assets.
D’CENT has advised affected users to move assets to new wallets with new recovery phrases and avoid reusing compromised addresses. The company has also said it is working with law enforcement, exchanges and security specialists.
Key takeaway: This incident highlights the importance of wallet security and the risks of continuing to use a wallet or recovery phrase after a suspected compromise.
$XRP
A major security incident involving the D’CENT App Wallet has reportedly resulted in more than 12.4 million #XRP being drained from 7,393 XRP Ledger wallets. The activity began around September 15 and continued through September 25.
The incident is significant because the attackers reportedly continued using the same keys after the initial wave of thefts. Around 6.3 million XRP was also swapped into Ethereum, while investigators and security teams have been tracing the movement of the stolen assets.
D’CENT has advised affected users to move assets to new wallets with new recovery phrases and avoid reusing compromised addresses. The company has also said it is working with law enforcement, exchanges and security specialists.
Key takeaway: This incident highlights the importance of wallet security and the risks of continuing to use a wallet or recovery phrase after a suspected compromise.
$XRP