Crypto trading platform NoOnes confirms $8 million attack, disables affected bridge

Odaily Planet Daily News Peer-to-peer cryptocurrency trading platform NoOnes revealed that earlier this month, the platform suffered a major security breach, resulting in the loss of approximately $8 million in crypto assets. CEO Ray Youssef confirmed the news after the chain detective ZachXBT disclosed the hack on his Telegram channel. Youssef, who previously served as CEO of rival peer-to-peer encryption platform Paxful, explained that the vulnerability occurred on January 1 due to the exploitation of its Solana bridge. In response, NoOnes immediately took action to disable the vulnerable bridge. As of now, the bridge is still offline. Youssef posted on X: "We acted quickly to contain the vulnerability, and user funds and personal data remain safe." He also stated that the company is committed to further protecting the system and pointed out that support for Solana will not be restored until a thorough penetration test is carried out. (Crowdfund Insider) Previously, on-chain detective ZachXBT posted on the official channel that the P2P market Noones may have had about $7.9 million of assets stolen on Ethereum, Tron, Solana, and BSC from January 1 to 2, because its hot wallet had hundreds of suspicious fund outflows, with each transaction less than $7,000. Soon after, the platform announced maintenance, but did not make an official statement on any security incidents. Funds were bridged to Ethereum/BSC and then deposited in Tornado Cash.