BlockTower Capital's Primary Hedge Fund Targeted in Cybersecurity Breach
Wednesday, 15 May 2024, 07:43
BlockTower Capital's Main Hedge Fund Compromised
Crypto investment firm BlockTower Capital's main hedge fund has been compromised, Bloomberg reported.
Security Breach Impact
- Significant Loss: The cybersecurity attack resulted in the partial drainage of the fund, impacting the firm's assets.
- Risk Exposure: The incident underscores the risks associated with storing digital assets in the cryptocurrency space.
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