Alphapo, a crypto payment platform, experienced a breach in its hot wallets involving Ethereum, TRON, and Bitcoin, resulting in a loss of at least $31 million. Given the uncertainty about the exact amount of Bitcoins stolen, the total sum drained off the platform could potentially be even greater.
On the same day as the hack, DeDotFi took to Twitter and shared crucial details suggesting that the security breach was a result of a leak of private keys.
DeDotFi has confirmed that over $31 million was stolen in the hacking incident. However, there are further reports indicating that the scale of the compromise may be even more substantial, with some estimates suggesting that up to $100 million worth of funds could have been compromised.
Additionally, On-chain expert ZachXBT has revealed that the stolen funds were initially taken from the Ethereum network. Subsequently, the hackers executed a series of transactions involving swapping these stolen funds for ETH before bridging them to the Av
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