South Korean encrypted social platform Somesing was hacked and lost more than $11.5 million
According to The Block, the South Korean encrypted social platform Somesing suffered a vulnerability attack on January 27, losing 730 million native tokens SSX (worth more than $11.5 million). Hackers stole part of the 504 million undistributed SSX tokens (planned to be circulated by the end of 2025), as well as the 226 million SSX tokens held by the Somesing Foundation (which has become part of its current circulation). Somesing stated that it plans to freeze assets and take legal action after identifying the criminals.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Sei Foundation launches $65 million DeSci venture fund 'Sapien Capital'
Sei Foundation has launched Sapien Capital, a $65 million venture fund to back DeSci startups building on its Layer 1 Sei blockchain.The foundation has fully committed the $65 million, with no external capital involved, Justin Barlow told The Block.
The Daily: Trump Media approves Truth.Fi launch and crypto investments, Robinhood teases bitcoin futures trading and more
Trump Media & Technology Group has launched a fintech venture called Truth.Fi, aiming to invest up to $250 million in bitcoin, similar cryptocurrencies or crypto-related securities, ETFs and other financial assets.Popular retail platform Robinhood teased the launch of bitcoin, ether, oil and gold futures trading on Wednesday alongside S&P 500, USD and EUR futures, facilitated by the CME Group.
Bitcoin Positioned for a Surge as Price Discovery Phase Progresses
Wall Street’s Growing Role Could Make Bitcoin Less Volatile
Trending news
MoreCrypto prices
More
