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Thunder Trading Platform Hit by Cyber-Attack; Hacker Demands Ransom for Allegedly Stolen Data

Algoine News
Summary:
Decentralized trade platform, Thunder, confirms security breach where 114 wallets were compromised, resulting in a loss of $192,000 in Ether (ETH). The company assures that no private keys were exposed and actions have been taken to secure funds. However, the hacker claims otherwise, demanding a $110,000 ransom for the allegedly stolen data. The case is still under investigation.
In a recent cyber-attack incident, Thunder, a decentralized trade platform, acknowledges that 114 wallets were infiltrated. This breach resulted in the unauthorized transfer of 86.3 Ether (ETH), equivalent to $192,000. On late Dec. 27, via post on X, once known as Twitter, Thunder clarified that the breach was due to a vulnerability in an external service. The platform underlined the safety of users' funds and also confirmed that no private keys were put at risk. Furthermore, they were able to thwart the attack in less than nine minutes. Thunder confirmed that the breach impacted only 114 wallets and vowed to compensate the victims swiftly. The trading platform emphasized no private keys were exposed in the security breach, and of their 14,000 wallets, only 114 were impacted. They assured users that their funds are secure for future transactions and bragged about their quick response to the attack โ€“ halting it in less than nine minutes. Contrary to this, a note left by the hacker on Etherscan suggests otherwise. The malefactor alleged that Thunder Terminal's guarantees were untruthful and demanded a 50 ETH ($110,000) ransom in exchange for the compromised data. The hacker stated: "We possess all the user data. We will expunge the data for a 50 ETH fee." Etherscan's data denotes that the hacker's wallet forwarded a sum of 86.3 ETH to the Railgun protocol. This protocol facilitates users in making their transactions anonymous. As new information emerges, this ongoing story will be updated accordingly.

Published At

12/27/2023 5:43:08 AM

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