EddieJayonCrypto

 12 Jun 24

tl;dr

OKX users affected by a recent hack received full compensation from the exchange. OKX has decided to add mandatory Google Authenticator to prevent similar incidents. The hack involved a SIM-swapping attack and compromised accounts due to a vulnerability in the platform's Two-Factor authentication sy...

OKX users affected by a recent hack received full compensation from the exchange. OKX has decided to add mandatory Google Authenticator to prevent similar incidents. The hack involved a SIM-swapping attack and compromised accounts due to a vulnerability in the platform's Two-Factor authentication system. OKX initiated a probe, promised compensation, and fulfilled its promise, as confirmed by Chinese crypto journalist Colin Wu. Additionally, the platform will implement mandatory Google Authenticator to prevent future mishaps.

* OKX users who were recently affected by a hack received full compensation from OKX.

* The exchange decides to add a mandatory Google Authenticator to avoid similar incidents.

* SlowMist reported earlier that the accounts were compromised by a SIM-swapping attack. The two OKX users who were recently hacked received their full compensation from OKX. Chinese crypto journalist Colin Wu had a report on two user accounts that were hacked through SMS and email hijacking.

Exclusive: Two users whose OKX accounts were stolen have received full compensation from OKX. The suspected cause was the hijacking of their SMS and email. OKX has decided to add mandatory Google Authenticator in the future to avoid similar incidents from happening again. - Wu Blockchain (@WuBlockchain) June 12, 2024

On June 9, 2024, Blockchain security firm SlowMist founder Yu Xian reported a major exploit in the OKX ecosystem, resulting in the loss of funds for two OKX users. The users’ accounts were reportedly compromised in a SIM-swapping attack due to a vulnerability in the platform’s Two-Factor authentication (2FA) security system.

两个不同的受害者,今天凌晨遭遇的交易所账号被盗币事件的手法及一些特征居然是相似的,除了 @AsAnEgg提到的共性,还包括短信风险通知来自“香港”这个特征、创建了新的 API Key(有提现、交易权限,这也是为什么之前怀疑有对敲意图,目前看来可以排除了)。- Cos(余弦)😶‍🌫️ (@evilcos) June 9, 2024

Xian elaborated on the hackers’ potential strategies and the critical details identified by the tracker, he stated, “The SMS risk notification came from “Hong Kong” and a new API Key was created…The premeditated gang committed the crime in a concentrated manner.” Security analytics platform Dilation Effect further investigated the matter and identified a vulnerability in OKX’s authentication system, finding that OKX allows for lower security verification methods during sensitive operations.

In response to the hack, OKX initiated a probe and contacted the affected users, promising compensation if OKX was found responsible for the losses. The platform stated: “We attach great importance to the “exchange user assets stolen” situation reported online today…If it is finally determined that the platform is responsible, the platform will take the initiative to bear it. In addition, we will announce the results as soon as the relevant investigation is completed. As per Colin Wu’s post, OKX has fulfilled its promise. Additionally, the platform has decided to implement mandatory Google Authenticator to prevent any such mishaps in the future.

More about C3 Ai Inc

Stock Market Analysis: C3 Ai Inc (C3)

C3 Ai Inc (C3) operates in the Technology, Services-Prepackaged Software sector with a market cap of 3.87 billion. The stock has shown a -2.34% change in price, closing at 29.35.

The Relative Strength Index (RSI) stands at 2.602, indicating a neutral position. The stock is currently below the 200-day moving average of -0.901.

The trading volume for C3 was 310,582,000, with a beta of 0.196.

Overall, C3 Ai Inc's stock is showing signs of potential stability with neutral RSI and a position below the 200-day moving average. However, the negative price change should be considered in the context of the overall market trend.

More about Core Scientific Inc. Common Stock

Stock: Core Scientific Inc. Common Stock

Description: Core Scientific, Inc. provides blockchain and artificial intelligence (AI) infrastructure services in the United States. The company is headquartered in Austin, Texas.

Sector: Technology

Industry: Services-Computer Processing & Data Preparation

Market Cap: 542,047,000

Dividend Yield: None

EPS: 1.323

P/E Ratio: -0.491

Volume: 502,400,000

Current Price: 6.75

52-week High: 0

52-week Low: 0.171

More about Hut 8 Corp. Common Stock
Stock Analysis: Hut 8 Corp. Common Stock

Summary of Technical Analysis

Hut 8 Corp. Common Stock

Sector: FINANCE

Industry: FINANCE SERVICES

Volume: 157,304,000

Current Price: $15.11

52-Week Range: $5.56 - $15.11

Support Level: $2.307

Resistance Level: $2.499

Change: -0.79


More about Iris Energy Ltd
Stock Market Analysis: Iris Energy Ltd

Stock Market Analysis: Iris Energy Ltd

Sector: TECHNOLOGY, SERVICES-COMPUTER PROCESSING & DATA PREPARATION

Revenue: 1810312000

Profit Margin: -0.06

Earnings per Share (EPS): 2.179

Return on Equity (ROE): -0.0532

Volume: 165535000

Dividend Yield: 12

P/E Ratio: 0

Market Cap: 3.798

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