đš Alphapo, a crypto payment platform, lost $31M in a security breach! đ± But don't worry, we're still optimistic! đ
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. đ”ïž
Alphapo is a gateway for gambling platforms like HypeDrop, Ignition, and Bovada. HypeDrop suspended crypto transactions but assured users their funds are safe. đ°
Meanwhile, Conic Finance faced two attacks, losing $3.26M in Ether and $300k in a sandwich attack. đ„Ș
These incidents remind us of the risks in crypto, but we remain vigilant and optimistic! đȘ
Share your thoughts on these breaches in the comments! đ #DeFi #Web3 #Technology