Bitcoin and cryptocurrency application Blockfolio, which is related to the FTX exchange, was hacked. Blockfolio’s signal system has been hacked. Sam Bankman-Fried, CEO of the FTX exchange, the subsidiary of Blockfolio, announced that the funds are in faith.
The well-known Bitcoin and altcoin application Blockfolio has been hacked!
Bitcoin and cryptocurrency wallet application Blockfolio related to the FTX exchange was hacked. It is stated that this hack event is only limited with the signal and notification system. Blockfolio said it was investigating the issue. The firm stated that user funds are on faith and their trading services are working well.
Blockfolio is one of the well-known cryptocurrency apps with over 6 million users. The app was acquired by crypto exchange FTX last August in a $150 million deal. Sam Bankman-Fried, CEO of the FTX exchange, also made a statement about the hack attack via Twitter. Sam Bankman-Fried stated that he is very sorry about the hack attack, but the funds are not at risk in any form at the moment:
I am very sorry at the moment for the messages on Blockfolio. Processes, funds and other applications related to funds are not at risk. These applications are protected in a different system in accordance with FTX standards. The part affected by the attack; is the party concerned with news, signals and displays. We’re giving away $10 for every trade on Blockfolio users and new sign-ups this week.