šØ Alphapo, a crypto payment platform, lost $31M in a security breach! š± But don't worry, we're still optimistic! š
Hackers siphoned funds from Alphapo's hot wallets, converting them into ETH and moving them to Avalanche and Bitcoin blockchains. Investigations are ongoing, but a leak of private keys may be the culprit. šµļø
Alphapo is a gateway for gambling platforms like HypeDrop, Ignition, and Bovada. HypeDrop suspended crypto transactions but assured users their funds are safe. š°
Meanwhile, Conic Finance faced two attacks, losing $3.26M in Ether and $300k in a sandwich attack. š„Ŗ
These incidents remind us of the risks in crypto, but we remain vigilant and optimistic! šŖ
Share your thoughts on these breaches in the comments! š #DeFi #Web3 #Technology