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Detail Analysis

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Date:

Status:

Count:

Contributor:

July 14, 2014

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Verified

1

zerofriction.io

Loss Amount:

2,000,000

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Recovered Amount:

-

Currency:

Dollars, VRC

KYC By:

Audit By:

None

None

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Website:

No data

Twitter:

No data

Discord:

No data

Telegram:

No data

Medium:

No data

Github:

No data

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Key Indicators

Platform:

Type:

Category:

Method:

VeriCoins

Exchange

Assets

Poor Key Management

Extended Method:

Private key leak, hot wallet

Data Sources:

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MintPal announce that the attacker stole 8 million VeriCoins ($2 million) from the company's hot wallet. The attacker exploited a vulnerability in its system that allowed them to bypass the security controls to withdraw funds.

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DISCLAIMER: While Zero Friction LLC has used the best efforts in aggregating and maintaining this database, Zero Friction LLC makes no representations or warranties with respect to the accuracy or completeness, and specifically disclaim any implied warranties of merchantability or fitness for any particular purpose. 

Under no circumstances, shall Zero Friction LLC be liable for any loss of profit or funds, any regulatory or governmental penalties, any legal costs, or any other commercial and non-commercial damages, including but not limited to special, incidental, consequential, or other damages from any or all usage of the dataset or information derived from our database.