On June 4, Lykke UK and Lykke Corp AG (Lykke) experienced a significant cyber attack that compromised their infrastructure.
In response, the affected systems were promptly shut down to mitigate further damage. An extensive review of the security breach was conducted, and all identified vulnerabilities have been addressed.
Lykke UK and Lykke Corp AG (Lykke) suffered an attack on their infrastructure on June 4. The affected systems were immediately shut down to limit damage. The identified security breaches have been thoroughly examined and fully addressed.
— Lykke✨Zero-fee crypto exchange✨ (@lykke) June 10, 2024
The internal investigation revealed that the attacker had stolen over $22 million in cryptocurrency assets. The investigation also pinpointed the IP addresses associated with the perpetrator. A criminal investigation has been initiated, and Lykke has engaged an external cybersecurity firm to aid in blocking and recovering the stolen assets.
Hacker Transfers $4.7 Million In DAI To New Address
Recent updates from Cyver alert indicate that the attacker has since transferred $4.7 million worth of DAI to a new address. This development underscores the ongoing efforts to track and reclaim the stolen funds.
🚨UPDATE🚨on June 4, @lykke exchange has experienced a security breach and lost $19.5M worth digital assets!
Today attacker has transferred $4.7M $DAI to a new address at https://t.co/BeRRyuEM9k
Want to keep your company off our alerts radar? Learn how to secure your assets:… pic.twitter.com/2cFAsKQY9z
— 🚨 Cyvers Alerts 🚨 (@CyversAlerts) September 12, 2024
Lykke continues to collaborate with cybersecurity experts and law enforcement to resolve the situation and prevent future incidents. The company remains committed to safeguarding its infrastructure and ensuring the security of its clients’ assets
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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