Deribit

Deribit Hack: $28 Million Stolen in Hot Wallet Attack

November 1, 2022
Attack Types: 
Wallet Hack
Entity Types: 
Custodian ,Exchange
Target Entities: 
Deribit

Summary # On November 1, 2022, Deribit, a cryptocurrency derivatives exchange, was hacked for $28 million. The attacker gained access to the exchange’s hot wallet, which contains a small portion of the exchange’s user funds that are kept online for fast withdrawals. Attackers # The identity of the attacker(s) is unknown. BTC Deribit hacker 1: bc1q2dequzmk5vk8nmmrata8nq4y0zgqn4vc0n2h8y Deribit hacker 2: bc1qw5g8lw4kzltpdcraehy2dt6dqda8080xd6vhl4kg4wwsypwerg9s3x6pvk ETH and USDC Deribit hacker 1: 0xb0606f433496bf66338b8ad6b6d51fc4d84a44cd Deribit hacker 2: 0x8d08aad4b2bac2bb761ac4781cf62468c9ec47b4 Losses # The attackers managed to steal ~691 Bitcoin (BTC) and ~6,947 Ether (ETH) and ~$3,394,823​​ USDC from the hot wallet, worth approximately $28 million at the time of the attack. ...