Deribit Cryptocurrency Derivatives Exchange Hot Wallets Hacked for $28 Million, Withdrawals Halted: Details

Deribit Cryptocurrency Derivatives Exchange Hot Wallets Hacked for $28 Million, Withdrawals Halted: Details

Crypto derivatives platform Deribit was hacked for $28 million (roughly Rs. 231.7 crore) late on November 1, according to an announcement posted on Twitter. The trading platform says that its clients’ funds are safe, adding that the losses have been covered by its own reserves, meaning that Deribit’s insurance fund…