Ray Youssef, CEO of peer-to-peer crypto trading platform NoOnes, has revealed that NoOnes has confirmed that it suffered a security bugs earlier this month that resulted in the loss of about $8 million in crypto assets. The disclosure came shortly after crypto detective ZachXBT posted the news on its "Investigations by Zach" Telegram channel.
Ray Youssef said the losses were due to "the Solana bridge being exploited" on January 1. According to its status page, the company has taken steps to disable the safety bridge, which remains offline.
Ray Youssef posted on X: "Our security team responded quickly and the situation was brought under control immediately. Users' funds are safe and personal data is safe. We know Solana is hot right now, but Solana Bridge will not be restored until a thorough penetration test is conducted. We apologize for the inconvenience."
NoOnes CEO confirms the company suffered security bugs in early January, causing losses of around $8 million
2025-01-24 22:48:19
Stronghold peer-to-peer crypto trading platform noones chief executivedesk3cryptocurrencydesktopCrypto News
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