DragonEx Network

DragonEx Network

DragonEx, a cryptocurrency exchange platform was targeted by hackers who transferred and stole the users’ crypto assets and the platform's crypto assets.

The stolen funds were wired to know Your Customer (KYC)-enabled exchanges such as Bittrex.

However, the team successfully identified the stolen funds and retrieved back a part of the assets.

Source: https://www.databreaches.net/dragonex-exchange-suffers-security-breach-amount-of-crypto-stolen-still-unknown/

TPRM report: https://scoringcyber.rankiteo.com/company/dragonex-network

"id": "dra20255123",
"linkid": "dragonex-network",
"type": "Breach",
"date": "03/2019",
"severity": "60",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"
{'affected_entities': [{'industry': 'Financial Services',
                        'name': 'DragonEx',
                        'type': 'Cryptocurrency Exchange'}],
 'attack_vector': 'Unauthorized Funds Transfer',
 'description': 'DragonEx, a cryptocurrency exchange platform, was targeted by '
                'hackers who transferred and stole the users’ crypto assets '
                "and the platform's crypto assets. The stolen funds were wired "
                'to KYC-enabled exchanges such as Bittrex. However, the team '
                'successfully identified the stolen funds and retrieved back a '
                'part of the assets.',
 'motivation': 'Financial Gain',
 'response': {'recovery_measures': 'Identified and retrieved a part of the '
                                   'stolen funds'},
 'title': 'Cryptocurrency Theft at DragonEx',
 'type': 'Cryptocurrency Theft'}
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