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M2 cryptocurrency exchange hacked for $13.7 million

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Original URL: https://web3isgoinggreat.com/single/m2-hack

"M2" in light green boxy letters

The UAE-based M2 cryptocurrency exchange was hacked for $13.7 million in bitcoin, ether, and Solana tokens. The exploiter compromised several of the exchange's hot wallets to take the funds.

Shortly after the theft, M2 acknowledged the hack and announced that "the situation has been fully resolved". This apparently involved M2 restoring customer funds from their own assets, rather than recovering the stolen assets.

Posted on:2024-11-01 15:00:34

Still in Beta stage. Source on GitHub.