Guavy AI Editorial TeamSentiment: -4Clout: 72

Grinex Hacking Attack Sees Estimated Loss of Over 1 Billion Russian Rubles

Cryptocurrency exchange Grinex has been hit by a major hacking attack, resulting in an estimated loss of over 1 billion Russian rubles. The hack, which occurred in mid-April, saw attackers drain funds from 54 addresses on the Tron network and convert them into Tron tokens.

Grinex has announced plans to compensate clients for their losses, but it is unclear at this time how this will be achieved. The exchange is working with experts in blockchain forensics and cybersecurity to find ways to compensate clients and recover any remaining funds.