Data leak [loss] $26M+

Tweet by Kronos

2023-11-18 [vendor] Kronos
Primary Source ↗
Financial Loss $26.0M (26,000,000 USD)

Incident Details

The cryptocurrency trading firm Kronos Research announced on Twitter that they had stopped trading while they investigated “unauthorized access of some of our API keys”. They claimed that “potential losses are not a significant portion of our equity”. They later confirmed the loss at around $26 million.

Total loss estimated at $26,000,000.

Technical Details

Initial Attack Vector
On-chain theft (attributed by zachxbt)
Vendor / Product
Kronos

Timeline

  1. 2023-11-18 Breach occurred
  2. 2023-11-18 Publicly disclosed