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: $100 is the wall. Factors that can destroy or bury a wall include:

July 25, 2026

Multicoin Capital has made its first Hyperliquid ecosystem investment in Trasia, an Asia-focused trading platform.

July 17, 2026

Polymarket Probability Price The probability that the United States will invade Iran before 2027 is 16.5%.

July 9, 2026
Add A Comment

Comments are closed.

Recent Posts

Tria Launches Agentic Trading, Allowing AI Agents to Execute Crypto Trades Without Giving Up Control of Funds

October 30, 2026

FirmsDirectory Introduces Top 100 Websites by Industry to Help Users Discover Businesses Across Multiple Sectors

October 29, 2026

Registration Opens for Bybit’s World Series of Trading, With a Prize Pool of Up to 10 Million USDT Across Crypto, Stocks, and AI

October 29, 2026

Ondo Intelligent Portfolios Lineup Expands to Solana

October 29, 2026

MEXC Reports 88% Growth in AI-Related Tokenized U.S. Stock and ETF Trading Volume in September, With Four Infrastructure Sectors Up Over 90%

October 29, 2026

When To Move Stablecoin Yield Position: Migration Calculator

October 29, 2026

Bybit’s WSOT Is Coming Back With a Prize Pool of Up to 10 Million USDT

October 28, 2026

Immersive World Betting is coming for casinos. This game from Joy Studios and Cloudbet proves it.

October 28, 2026

PrimeXBT Brings Tesla, SpaceX, NVIDIA and More to Crypto Futures with New Tokenised Stocks

October 27, 2026

Mirae Asset Securities and Grvt Collaborate on Tokenised Funding Note Issuance

October 27, 2026

BC Game introduces Ali “Ako” Muhanned as CEO

October 27, 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

Tria Launches Agentic Trading, Allowing AI Agents to Execute Crypto Trades Without Giving Up Control of Funds

October 30, 2026

FirmsDirectory Introduces Top 100 Websites by Industry to Help Users Discover Businesses Across Multiple Sectors

October 29, 2026

Registration Opens for Bybit’s World Series of Trading, With a Prize Pool of Up to 10 Million USDT Across Crypto, Stocks, and AI

October 29, 2026
Most Popular

Bitcoin falls to $92,000 in ‘optimal buy the dip’ move as PCE strengthens cryptocurrency

December 20, 2024

Magic Eden Pioneers Cross-Chain NFT Experience with Expanded Wallet and Rewards

January 22, 2024

EEA Begins Treasury Deployment on Ethereum-Based Staking Infrastructure

May 10, 2026
  • 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.