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

Bitcoin is at risk of liquidation of $1.4 billion if BTC rises to $80,000.

April 28, 2026

Polymarket Seeks $400 Million Raise to $15 Billion Valuation: Report

April 20, 2026

Ether risks a $1.7K retest as traders fail to overcome a key resistance area.

April 4, 2026
Add A Comment

Comments are closed.

Recent Posts

BitMart x $EAT Trade-to-Feed Competition Pays 4.4 Million USDT to Traders in May 2026

April 30, 2026

Crypto billionaire Justin Sun files suit against Trump-linked World Liberty Financial over ‘wrongly’ frozen tokens

April 30, 2026

VerifyVASP Acquires Sygna, Consolidating The Global Travel Rule Network

April 29, 2026

Dogecoin Price Analysis: Is $DOGE’s $0.10 Level a Smart Entry or a Market Trap?

April 29, 2026

How to Connect OpenClaw with Binance for Live AI Trading (2026)

April 28, 2026

BitMart X $EAT Trade-to-Feed Competition To Pay Out $4.4M USDT To Traders In May 2026

April 28, 2026

ORBS) Reports Total Holdings Of Approximately $333 Million, Includes OpenAI, Beast Industries, More Than 11,000 ETH And Over 283 Million WLD Tokens

April 28, 2026

Core Scientific moves forward with 1.5GW AI data center campus in Texas

April 28, 2026

AxeCasino To Attend IGB L!VE 2026 Following Front-End Update Focused On Usability And Cross-Device Performance

April 28, 2026

Ondo Finance adds proxy voting for holders of $700 million worth of tokenized shares.

April 28, 2026

Bitcoin is at risk of liquidation of $1.4 billion if BTC rises to $80,000.

April 28, 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

BitMart x $EAT Trade-to-Feed Competition Pays 4.4 Million USDT to Traders in May 2026

April 30, 2026

Crypto billionaire Justin Sun files suit against Trump-linked World Liberty Financial over ‘wrongly’ frozen tokens

April 30, 2026

VerifyVASP Acquires Sygna, Consolidating The Global Travel Rule Network

April 29, 2026
Most Popular

Telefonica partners with Chainlink to mitigate SIM swap attacks on Web3

February 17, 2024

How Polygon Incentivizes Long-Term Growth with 1B MATIC Grants

June 12, 2024

SEC Sues Ethereum’s ConsenSys Over Lido and Rocket Pool Offerings

June 29, 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.