Cryptocurrency App: Funds Drained To Zero Due To Cyber Hacking?

Cryptocurrency App: Funds Drained To Zero Due To Cyber Hacking?

Taylor is a cryptocurrency trading app that claims to have emptied their vaults due to cyber hacking.

Summary:
– An online attacker targeted a cryptocurrency app.
– The hacker did not just steal a lot of its funds, it stole EVERYTHING!
– An investigation is being conducted to know the nature of this attack.

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Any investor would have a heart attack when they hear the word “cyber hacking” followed by the name of the company where they invested their assets in.

One perfect example is the recent cyber attack in cryptocurrency’s online app called “Taylor”. The app is created to assist the investors and allow them to trade online with ease and convenience.

The hacker was reported to have taken not just majority of the funds, but ALL the funds and drained their vault dry.

Further investigation points to the possibility that the funds are really not gone and that it was just transferred.

Read the full article by cybercrime journalist Charlie Osborne – https://www.zdnet.com.