Crypto.com has fallen victim to a hack. The crypto exchange announced this in the early hours of Monday after users complained of suspicious activity on their accounts. It is the first centralized exchange to succumb to a hack for the year 2022 coming out of the year 2021 which was riddled with numerous hacks that saw exchanges and users alike lose billions. Crypto.com (CRO) Gets Hacked Users of the Crypto.com exchange began experiencing issues with their accounts. Subsequently, these users realized that their accounts had been hacked and they were missing cryptocurrencies from their balances. In some cases, the hacker had made off with all of the funds in the accounts. Related Reading | Highlighting Risk: These Crypto Coins Carry The Most Leverage Crypto.com took to Twitter to address these issues. In response to reports of the hack, the crypto exchange had promptly announced that it was restricting withdrawals for all users on the platform while assuring the community that all of their funds were safe. We have a small number of users reporting suspicious activity on their accounts. We will be pausing withdrawals shortly, as our team is investigating. All funds are safe. — Crypto.com (@cryptocom) January 17, 2022 The tweet noted that only a small number of users had been affected by the hack. However, users of the platform rolled out en masse to say that this was not so. The number of complaints regarding funds bei...
