A Twitter user on November 13, 2022, reported a hack into his account, resulting in a loss of a million dollars worth of Axie infinity tokens overnight.
I just got REKT. pic.twitter.com/iGOocFZynU
— CarlosOMFGTv (@CarlosOMFG) November 13, 2022
The user that goes by the name CarlosOMFG expressed shock and anger over the event, which they tweeted on their page around 3:26 pm.
They tagged CZ, the CEO of Binance, bringing the situation to his notice, so he could look into the matter and make amends.
During the event of the hack, the user also reported that the price of the token kept pumping at an extreme speed, which was very suspicious because the whole crypto market is currently down due to the current bearish plumb.
Another user Crypto Flyer commented under the tweet sharing the same experience of losing all the assets in his account.
Something familiar between the two users’ experiences as they happened almost at the same time, on the same platforms, and they had both secured their accounts with multiple security levels.
Binance’s boss commented under the tweet and spoke about the possible cause of the hack, which can be due to sharing security keys with third-party platforms, which may be prone to attack.
Further, he confirmed if an agent had reached out to the user, showing that he places customers’ interest in high regard.
The Ronin network faced something similar earlier this year when a hack left it with a loss of $615 million.
The network powers the Axie Infinity Play to Earn Blockchain game, and the attackers siphoned 173,600 ETH and $25.5 million. After the event, Ronin DEX ceased operations for some time.
Aside from the Ronin network, other cyber attacks have stolen millions of dollars worth of crypto assets from platforms.
The most recent one is the FTX exchange, when the platform was attacked overnight and recorded a loss of $600 million, draining several accounts and the exchange reserve.