While the cryptocurrency market continues to be a target for hacking incidents, the recent attack on Thunder Terminal, an on-chain trading platform, has drawn attention to the issue once again.
According to a post by ZachXBT, the attacker transferred 86.5 Ethereum, valued at $192,000, from Thunder Terminal to the DeFi platform Railgun. In response, Thunder Terminal confirmed that 114 wallets were affected by the hack, but reassured users that their funds remained secure.
The Thunder team emphasized that no private keys were compromised and that they were able to halt the attack within 9 minutes. However, a total of 86.5611512804 ETH and 439.12232317 SOL were stolen. To address this, Thunder Terminal pledged to refund all lost funds in full, offer 0% fees for affected users, and provide a $100,000 credit each.
Additionally, the Thunder legal department launched an investigation into the incident and reported the attack to the FBI, demonstrating their proactive approach to handling the situation.
The incident serves as a reminder of the ongoing security challenges in the crypto industry, emphasizing the importance of robust security measures and swift responses to potential threats.
*This communication is not intended as investment advice.
