World’s Biggest Crypto Options Exchange lose $28M

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Crypto exchange Deribit has been hacked with an estimated $28 million stolen from a hot wallet.

The exchange says client funds are safe, however, any losses are covered by company reserves.

The company posted on Twitter: “We are performing ongoing security checks and have to halt withdrawals including third-party custodians Copper Clearloop and Cobo until we are confident all is safe to re-open.”

This is a breaking news story. More follows.

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