GateHub Gets Hacked, $9.5 Million in XRP Stolen – Finance Magnates –

Ha Ha BMO (Bank of Montreal) has blocked their users from buying crypto with its bank cards or credit cards, so I laughed when I heard that they were hacked and the one million ransom demanded was in Ripple. Hackers also hit CIBC. There are only about 5 or 6 banks in Canada so all of them are huge.

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Worlds Biggest Crypto Hack - Coincheck Hacked, NEM XEM XRP Stolen 2018 Hackers who stole information on thousands of Canadian bank users have demanded $1 million-worth of the cryptocurrency XRP to not release the data trove. According to a cbc news report Tuesday.

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Hackers have siphoned 23.2 million Ripple coins (XRP), worth around $9.5 million, from GateHub cryptocurrency wallets. margin lenders lost .5 million in May to Poloniex crypto crash CoinGeek

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Hackers who stole the personal information of tens of thousands of customers from two Canadian banks are threatening to publish that data online unless the banks pay them $1 million in XRP.

In the crypto space, it’s not uncommon to see a crypto wallet get hacked. It’s unfortunate, of course, but not unusual. And the latest crypto wallet hack came this week. On Thursday, GateHub said more than 100 customers have had their ledger wallets hacked, resulting in their funds being stolen.

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For a Ripple hosted wallet solution that is part of the Ripple Consensus Ledger, Gatehub is the best option. For best security practices, use a strong password, enable 2 Factor Authentication, and make sure you safeguard and protect your secret recovery key. Yes, Gatehub is safe and secure, but you’re trusting Gatehub with that safety and security.

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South Korean cryptocurrency exchange bithumb suspended deposits and withdrawals after losing $31 million worth of cryptocurrencies as the result of hack. Breaking News: Bithumb hacked and $31 million were stolen.