Ensuring Security Measures After $192,000 Exploit at Thunder Terminal; Hacker Demands Ransom Amidst Dispute

Ensuring Security Measures After $192,000 Exploit at Thunder Terminal; Hacker Demands Ransom Amidst Dispute


Thunder Terminal Faces Exploit and Hacker’s Demand

Thunder Terminal, a decentralized platform, recently experienced an exploit that resulted in unauthorized access to a small number of wallets. The platform assured its users that their funds are secure, but the hacker claimed otherwise and demanded a ransom.

Exploit, Refund, Resolution

The breach occurred when a third-party service Thunder Terminal was using was compromised. The exploit was quickly detected and contained within nine minutes. No private keys or wallets were compromised, as the attacker used leaked session tokens to execute unauthorized withdrawals. The platform does not store private keys and desktop wallets were unaffected. However, approximately 86 Ethereum and 439 Solana tokens were lost.

Thunder Terminal has promised to refund all lost funds and provide affected users with credits and fee waivers. They have also contacted the FBI, implemented two-factor authentication for withdrawals, and undergone a comprehensive technical audit.

Hacker Counters Thunder Terminal and Demands Ransom

The hacker disputed Thunder Terminal’s security claims and stated that they have all the user data. They demanded 50 ETH in exchange for deleting the data. Some users raised concerns about how the wallets were compromised if the private keys were safe.

Thunder Terminal expressed willingness to negotiate with the hacker for the return of user funds but stated that they will pursue legal action if necessary.

Hot Take: Thunder Terminal Faces Security Breach

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Thunder Terminal recently experienced an exploit resulting in unauthorized access to some wallets. While the platform asserts that user funds are secure, the hacker challenges this claim and demands a ransom. Thunder Terminal promptly detected and contained the breach but lost approximately 86 Ethereum and 439 Solana tokens in the process. They have committed to refunding all lost funds and enhancing security measures. However, the hacker claims to possess user data and demands payment for its deletion. Thunder Terminal is willing to negotiate but vows to pursue legal action if necessary. This incident underscores the ongoing need for robust security measures in the crypto space.

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