Hackers have reportedly stolen a staggering $31 million in cryptocurrency from Alphapo, a globally recognized instant payment solutions provider and payment gateway for multiple gambling platforms. Despite the company’s robust security efforts, media reports suggest that they have fallen victim to the latest cyber attack resulting in the theft of millions in digital assets.
Alphapo’s hot wallet, which stores the digital currencies, was hacked according to the web3 security company. The hackers managed to gain access to the wallet and swiftly converted the stolen funds into Ethereum (ETH). The funds were then routed through Avalanche and Bitcoin, making it difficult to trace the stolen assets.
The investigation into this massive hack attack is still ongoing, and the exact cause of the breach is yet to be determined. At this stage, the total amount of Bitcoin (BTC) that was stolen remains unclear, meaning that the estimated loss of $31 million could potentially change.
Alphapo has not officially addressed the incident, but a company spokesperson urges users to refrain from sending funds to old deposit addresses. They assure users that any funds derived from such deposits will go through additional verification.
One of Alphapo’s clients, a mystery box platform called [ClientName], reported temporary disruptions in crypto deposits and withdrawals. The platform acknowledged that this issue was caused by a problem on Alphapo’s side but reassured users that their funds are safe. They apologized for any inconvenience caused by the incident.
It remains unknown whether other partners of Alphapo, including [Partner1Name] and various gambling operators, have also been impacted by the hot wallet hack. The full extent of the breach is yet to be determined, leaving many concerned about the security of their digital assets.
Cybersecurity continues to be a major concern in the rapidly evolving world of cryptocurrencies. Incidents like this highlight the need for constant vigilance and robust security measures to protect digital assets from sophisticated hackers. It is a stark reminder of the risks associated with storing large amounts of cryptocurrency in online wallets. As the investigation into the Alphapo hack progresses, users and partners alike will be eagerly awaiting updates and hoping for a swift resolution.