Post
Topic
Board Micro Earnings
Topic OP
FaucetPay Hacked - $600 000 in crypto lost!
by
Lucius
on 15/03/2021, 15:48:43 UTC
One of the popular micro-wallet services has been hacked - the good news is they plan to compensate the damage to their customers. What is important is not to use old deposit addresses and send coins to them.

Unfortunately, we have to announce that FaucetPay suffered today a loss of around $600,000. Our hot-wallets were compromised and the hacker had access to the funds. We are still investigating the issue and have shared all details with the local authorities. Please rest assured, FaucetPay will cover the loss and no users will be affected from the hack. In the meantime, we ask for your patience until we can re-enable deposit and withdrawals. Please do not send any funds to previous deposit addresses as they will be lost. New addresses will be generated. We are deeply sorry for the inconvenience it caused.

It's hard for me to understand that someone keeps as much as $600 000 in a hot wallet, and one simple hardware wallet costs about $50...