How an 18-Year-Old Hacker Stole Millions of Yen from a Crypto Project

According to local publications, an 18-year-old hacker stole 15 million yen, which is equivalent to $134,640, worth of a crypto asset called Monacoin. On Monappy, a platform that enabled Monacoin users to store their funds, the hacker initiated a large number of transactions in a short period of time to overload the system. Between August 14 and September 1, the hacker reportedly stole funds from 7,700 users. Why Did the Teenager Hack into a Crypto Platform? JapanToday reported that the hacker told the police he initiated a series of hacking attacks against the platform because he “felt like I’d found

The post How an 18-Year-Old Hacker Stole Millions of Yen from a Crypto Project appeared first on CCN

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.