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

Improved GitHub Actions: Announcing performance and flexibility upgrades

December 13, 2025

SOL price remains capped at $140 as altcoin ETF competitors reshape cryptocurrency demand.

December 5, 2025

Michael Burry’s Short-Term Investment in the AI ​​Market: A Cautionary Tale Amid the Tech Hype

November 19, 2025
Add A Comment

Comments are closed.

Recent Posts

GrantiX Lists On BitMart And BingX After Successful IDOs

December 19, 2025

Kalshi integrates the TRON network to expand on-chain liquidity access for the world’s largest prediction market.

December 19, 2025

Pepe Coin price looks set to fall 30% as whales begin to surrender.

December 19, 2025

Fake Zoom malware scam linked to North Korean hackers targets cryptocurrency users

December 18, 2025

Kalshi Integrates TRON Network, Expanding Onchain Liquidity Access For World’s Largest Prediction Market

December 18, 2025

Trump Interviews Pro-Crypto Waller for Fed Chair Today

December 18, 2025

Many Cryptocurrency ETFs Could Shut Soon After Launch: Analyst

December 18, 2025

Jito Foundation says its core operations will return to us. Credits GENIUS Act

December 17, 2025

Space Announces Public Sale Of Its Native Token, $SPACE

December 17, 2025

HKEX Lists HashKey After $206 Million IPO Quickly Sold Out

December 17, 2025

Capture The $140B Prediction Economy Become A Founding Partner Of X-MARKET

December 17, 2025

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

GrantiX Lists On BitMart And BingX After Successful IDOs

December 19, 2025

Kalshi integrates the TRON network to expand on-chain liquidity access for the world’s largest prediction market.

December 19, 2025

Pepe Coin price looks set to fall 30% as whales begin to surrender.

December 19, 2025
Most Popular

The Daily: Matter Labs Lays Off Staff Amid Declining ZKsync Demand, SEC Charges Galois Capital, Others

September 3, 2024

BNB, AAVE, XMR and VIRTUAL are still going strong.

December 29, 2024

Solana is optimistic as rivals Celestia and Shiba Inu attract elite investors.

February 11, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

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