Why UAE-Based M2 Crypto Exchange Lost $13.7M in Hack

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9 months ago bitnews

UAE-based crypto exchange M2 crypto exchange recently encountered a cybersecurity breach, resulting in the loss of $13.7 million in digital assets. The incident occurred on October 31, at around 3:16 AM local time, as the exchange reported a targeted attack on its hot wallets across multiple blockchain networks, including Bitcoin, Ethereum, and Solana. Despite a The post Why UAE-Based M2 Crypto Exchange Lost $13.7M in Hack appeared first on CoinGape .