• Advertise with us
  • Pricing
  • Submit News
Instagram Twitter Facebook Telegram Youtube Linkedin
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
  • News
    • Price Analysis

    Main News

    • Crypto News
    • Bitcoin and BTC
    • Altcoin News
    • Security & Hacks
    • ICO & Token Sales
    • Interviews & Profiles

    Information

    • Press Release
    • Research Report
    • Regulations, Law & Policy
    • Community/Guest Post
    • Events & Conferences
    • Tutorials & Guides

    Market

    • Technical Analysis
    • Price Analysis
    • Cryptocurrency Price Prediction
    • DeFi (Decentralized Finance)
    • Mining & Staking

    Other Categories

    • NFTs & Digital Art
    • Opinion & Editorials
    • Tech Innovations
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Coin
  • Exchanges
    • Cex Listing
      • Cex Spot
      • Cex Derivatives
    • Dex Listing
      • Dex Spot
      • Dex Derivatives
    • EdaFace Dex
  • Verification Centre
    • Scam Verification
    • List Your Projects
    • EdaFace Launchpad
  • Marketplaces
    • NFT Marketplace
    • Blockchain Literature
    • EdaFace Mall
    • P2P Market
    • Metaverse
  • EdaFace Academy
    • School of Cryptocurrencies
    • EdaFace Newsfeed
    • Digital Clinic
    • EdaFace Tutor
More
  • News
    • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Coin
  • Exchanges
    • Cex Listing
      • Cex Spot
      • Cex Derivatives
    • Dex Listing
      • Dex Spot
      • Dex Derivatives
    • EdaFace Dex
  • Verification Centre
    • Scam Verification
    • List Your Projects
    • EdaFace Launchpad
  • Marketplaces
    • NFT Marketplace
    • Blockchain Literature
    • EdaFace Mall
    • P2P Market
    • Metaverse
  • EdaFace Academy
    • School of Cryptocurrencies
    • EdaFace Newsfeed
    • Digital Clinic
    • EdaFace Tutor
Reading: Altcoin’s founder’s wallet was hacked: $ 1.35 million was stolen
Share
Sign In
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
EdaFace Newsfeed > Latest News > Security & Hacks > Altcoin’s founder’s wallet was hacked: $ 1.35 million was stolen
Security & Hacks

Altcoin’s founder’s wallet was hacked: $ 1.35 million was stolen

vitalclick
Last updated: October 1, 2025 5:47 pm
3 weeks ago
Share
SHARE

Contents
Award Program announced after the attackHow did the attack happen?


Decentralized stock market collector ThorswapBlockchain offered an award after an attack on the asset of about $ 1.2 million. Blockchain In -In -Analyst ZachxbtAccording to the victim Altcoin project Thorchain’s founder John-Paul Thorbjorns. The Thorswap team announced that if the stolen assets are returned, the reward will be given and that no legal action will be initiated.

Award Program announced after the attack

Thorswap, the attacker Message in blockchain He sent a prize in exchange for the refund of assets. If the coins stolen in the message were returned within 72 hours, the legal process will not be initiated. Blockchain security company Peckshield reported that the attack belongs to the Thorchain protocol at first, but soon announced that it only targeted an individual wallet. Thorswap CEO Paper X verified the incident and announced that the protocols were not damaged and that only a personal wallet was hacking.

In -Blockchain -in -analyst Zachxbt said the attack may belong to the founder Thorbjornsen’s personal wallet. According to data, the attacker is worth about $ 1.03 million Kyber Network Altcoinand worth $ 320,000 Thorswap Coinstole his. Most of the stolen assets are Ethereum $4,287.68He was translated into an address.

How did the attack happen?

The source of the event is Thorbjornsen’s friend seized Telegram a fake sent from your account Zoom It was connected. Access to the old metamask wallet of the founder was provided through this connection. Although the wallet was in a closed session on a different Chrome profile, the key information was recorded in iCloud Keychain and the attackers have benefited from this point.

The founder pointed out the importance of Threshold Signature Based Wallets, stating that additional measures should be taken in wallet security after the attack. This system allows the special switch to be broken and kept on different devices and prevents all assets from being seized with a single access.

Responsibility Rejection: The information contained in this content is not an investment advice. Please note that crypto currencies contain high volatility and thus risk. It is recommended that you make your investment decisions in line with your own research and risk assessments. You can review our Trust Center page for detailed information.

You Might Also Like

Altcoin’s founder’s wallet was hacked: $ 1.35 million was stolen

XRP Lawyer John Deaton Highlights Crypto Scams

The vulnerability appeared, the price of Altcoin fell

2025 January security warning for Apple users

Blockchain Security Firm Warns Web3 Users: Here Are the Details

TAGGED:Security
Share This Article
Facebook Twitter Email Print
Previous Article Altcoin season Signal Flashes as Bitcoin Holds Near $115K
Next Article Can It Reach 500% Gains in September?
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Crypto Live Widget

Follow for Live Updates
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad imageAd image
Popular News
Cryptocurrency Regulation in Russia : Blockchain Development
Current Cryptocurrency Regulations in India
Explore Cryptocurrency Regulation in South Korea
2 Altcoins Win Trial
Claimed Bitcoin Inventor Craig Wright Gets Shocked in Court! His Assets Are Frozen

Company

  • Vision
  • Mission
  • LitePaper
  • Whitepaper
  • Core Values
  • Branding
  • Teams
  • Career Listing
  • FAQ
  • Welfare Donations

Products

  • EDA Token
  • Blockchain Literature
  • EdaFace Dex
  • EdaFace Mall
  • Listing Platforms
  • Newsfeed
  • NFT Marketplace
  • P2P Market
  • Scam Verification Centre
  • School of Crypto

Legal

  • Term of Use
  • Privacy Policy
  • Disclaimer
  • Listing T&C
  • Listing Platforms
  • Eda Token Policy

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

EdaFace

About US

EdaFace is a user interface aggregator that brings all the various functionalities of the crypto industry onto a single platform! You can advertise, launch and crowdfund your crypto project via EdaFace Launchpad and Newsfeed.

Contact us: support@edaface.com

Follow us

Instagram Twitter Facebook Telegram Youtube Linkedin

Copyright © 2022 – 2024. EdaFace is a product of Emerging Digital Age (EDA) Pty Ltd. All Rights Reserved.

Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
EdaFace
Welcome Back!

Sign in to your account

Lost your password?