Deribit is a cryptocurrency futures and options exchange based in Panama City that allows customers to trade perpetual, futures, and options contracts.
A hacker stole $28 million from Deribit .
It forced it to halt withdrawals as it investigates the incident.
Hot wallet compromised, but client funds are safe and loss is covered by company reserves
The hack involved the theft of about 9,080 ETH worth about $14.2 million and about 691 BTC worth another $14.1 million.
Source: https://therecord.media/28-million-stolen-from-cryptocurrency-platform-deribit/
TPRM report: https://scoringcyber.rankiteo.com/company/deribit
"id": "der232571122",
"linkid": "deribit",
"type": "Breach",
"date": "11/2022",
"severity": "100",
"impact": "6",
"explanation": "Attack threatening the economy of a geographical region"{'affected_entities': [{'industry': 'Financial Services',
'location': 'Panama City',
'name': 'Deribit',
'type': 'Cryptocurrency Exchange'}],
'attack_vector': 'Hot Wallet Compromise',
'description': 'A hacker stole $28 million from Deribit, a cryptocurrency '
'futures and options exchange based in Panama City. The hack '
'involved the theft of about 9,080 ETH worth about $14.2 '
'million and about 691 BTC worth another $14.1 million. The '
'hot wallet was compromised, but client funds are safe and the '
'loss is covered by company reserves.',
'impact': {'financial_loss': '$28 million',
'operational_impact': 'Withdrawals halted'},
'investigation_status': 'Ongoing',
'motivation': 'Financial Gain',
'title': 'Deribit Cryptocurrency Exchange Hack',
'type': 'Cryptocurrency Theft'}