Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»Thunder Terminal’s rapid response to $240,000 hack: Security measures and ransom demands from hackers
ADOPTION NEWS

Thunder Terminal’s rapid response to $240,000 hack: Security measures and ransom demands from hackers

By Crypto FlexsDecember 29, 20232 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Thunder Terminal’s rapid response to 0,000 hack: Security measures and ransom demands from hackers
Share
Facebook Twitter LinkedIn Pinterest Email

A massive security breach occurred on an on-chain trading platform known as Thunder Terminal. The exploit resulted in unauthorized access to 114 of the more than 14,000 wallets connected to the network. The total loss amounted to 86.5 Ether and 439 Solana, equivalent to approximately $240,000. According to reports, the attack, which lasted just 9 minutes, occurred when a third-party service used by Thunder Terminal was hacked.

The attack began via a suspicious withdrawal from a Thunder wallet during the period 12:11:47 UTC. The attackers were able to gain access to the MongoDB connection URL, which allowed them to perform withdrawals using session tokens. At Thunder Terminal know well Users whose private keys or wallets have not been directly compromised, despite the severity of the situation. Direct access to user wallets, especially desktop wallets, was impossible because the platform’s architecture does not maintain private keys.

In direct response to the security breach, Thunder Terminal made urgent efforts to curb the exploit. After the illegal activity was discovered, they stopped it within nine minutes and told consumers that all incorrect payments would be reimbursed in full. Affected customers will also be offered a compensation package consisting of 0% commission and $100,000 in platform credit. At the same time, Thunder Terminal is in the process of contacting the Federal Bureau of Investigation and adopting additional security measures, including two-factor authentication for withdrawals.

Contrary to the promises provided by Thunder Terminal, a statement has been released by the hacker questioning the safety of user information. To delete all user data, they demanded a ransom of 50 ether, equivalent to about $100,000. The hackers’ demands and claims have increased the complexity of the incident, raising questions about the scope of the data breach.

Additionally, Thunder Terminal stated that, although discussions are open for user restoration, it will take legal action to the fullest extent of the U.S. court system if users do not comply with its demands. money. The proactive approach taken by the platform in both the security and legal spheres demonstrates its commitment to protecting users and implementing ethical procedures in the face of cybersecurity vulnerabilities.

Image source: Shutterstock

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

AAVE price prediction: $185-195 recovery target in 2-4 weeks

January 6, 2026

Is BTC Price Heading To $85,000?

December 29, 2025

Crypto’s Capitol Hill champion, Senator Lummis, said he would not seek re-election.

December 21, 2025
Add A Comment

Comments are closed.

Recent Posts

How do cryptocurrency payments for virtual numbers work?

January 11, 2026

Onchain Perps Hit $12 Trillion, Hyperliquid and Rivals Redefine 2025

January 10, 2026

Best Cryptocurrency Betting Platforms in 2026: Sports, Esports and Live Markets

January 10, 2026

Asset manager VanEck explains how one Bitcoin could be worth $2.9 million by 2050.

January 10, 2026

BNB Chain Launches New Stablecoin for Large-Scale Applications

January 9, 2026

Rain Raises $250M Series C To Scale Stablecoin-Powered Payments Infrastructure For Global Enterprises

January 9, 2026

Truebit protocol hack exposes DeFi security risks as TRU token collapses

January 9, 2026

Impact of ECC team withdrawal on Zcash (ZEC)

January 8, 2026

Binance and Coinbase Suddenly Add Support for New ZK Proof Altcoins

January 8, 2026

BitMEX Launches Equity Perps for 24/7 Stock Trading

January 8, 2026

Bitcoin price plummets to $90,000 as New Year bounce falters

January 7, 2026

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

How do cryptocurrency payments for virtual numbers work?

January 11, 2026

Onchain Perps Hit $12 Trillion, Hyperliquid and Rivals Redefine 2025

January 10, 2026

Best Cryptocurrency Betting Platforms in 2026: Sports, Esports and Live Markets

January 10, 2026
Most Popular

Wisdomise secures $9.5 million for AI-powered Web3 expansion.

April 30, 2024

Dogecoin founder supported DOGE to rescue America from financial ruin.

November 25, 2024

MetalCore’s CTO on how to make Web3 games fun: “We use what we understand.”

May 11, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2026 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.