2gether compensates for its crypto cyber-attack losses

Written by therealsjr | Published 2021/03/11
Tech Story Tags: cryptocurrency | cyber-attack | 2gether | crypto-trading | 2gether-crypto-trading-hack | cryptocurrency-top-story | 2gether-hacked | cryptocurrency-hacks | web-monetization

TLDR 2gether compensates for its crypto cyber-attack losses. Hackers stole 114 BTC and 281 ETH worth a combined €1.18 million from its users' investment accounts. 14 of these kinds of attacks, starting with Bithumb in February 2017 to Zaif in September 2018, saw $882 million in crypto and USD funds go missing. The company is taking an alternate approach to its breach and compensating its users to give back the cryptocurrency stolen from their accounts. It is rare to see any organization compensate for its losses. If the industry is seen as legitimate by a mainstream audience, more schemes like this could make the difference.via the TL;DR App

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Written by therealsjr | Editor-at-Large at Dataconomy, and co-founder at ⅄Oᒋ⅋NOISՈᖵNOϽ - an impact creator house
Published by HackerNoon on 2021/03/11