Billionaire loses $870k in hot wallet hack

Man, that had to hurt

Dear Reader,  Tough being a billionaire with crypt these days… Blockchain "sleuth" Wazz spotted a classic hot wallet hack on Friday. Looks like one of Mark Cuban's (yes… the billionaire Shark Tanker himself) wallets was drained of nearly $900k. The crime happened around 8 pm UTC. In a quick 10-minute window. Lucky for him that's all they took.  Cuban hadn't touched the wallet in 160 days.  He quickly transferred the remaining assets — $2 million USDC — to Coinbase Custody.  Word on the street is that Cuban may have signed a "malicious transaction." Or that his private key was compromised.  (Funds were directly taken out of the wallet soooo….) Either way, Cuban's out close to a million in crypto. Unlikely he'll see any of it back, too. Security is now a major issue in the crypto space. Cointelegraph Markets Pro members have nothing to worry about. The most advanced crypto trading platform is fully-secure. None of their personal information is out in the open.  Plus, they're shown how to keep their crypto under lock and key.  Regards, Max K. Markets Pro Team © 2023 COINTELEGRAPH MARKETS PRO COINFIDENTIAL. Copyright © 2023 Cointelegraph Markets Pro, All rights reserved. You are receiving this email because you opted in at our website. Our mailing address is: Cointelegraph Markets Pro 21 W 46th St New York, NY 10036-4119 Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.