Crypto trading platform NoOnes confirms $8 million attack, disables affected bridge
On January 26, the peer-to-peer cryptocurrency trading platform NoOnes revealed that the platform had recently experienced a major security vulnerability, resulting in the loss of approximately $8 million in crypto assets. CEO Ray Youssef confirmed this information after the on-chain investigator ZachXBT disclosed the hacking attack on his Telegram channel.
Youssef, who previously served as the CEO of the competing peer-to-peer crypto platform Paxful, explained that the vulnerability occurred on January 1 due to the exploitation of the platform's <Solana> bridge. In response, NoOnes immediately took action and disabled the vulnerable bridge. As of now, the bridge remains offline.
Youssef posted on X, stating: "We quickly took action to contain the vulnerability, and user funds and personal data remain secure." He also mentioned that the company is committed to further protecting the system and will not resume support for <Solana> until a thorough penetration test is conducted. (Crowdfund Insider)
