Deribit Exec on $28M Hack: Only 1% of Our Assets Are in Hot Wallets

Nov 2, 2022

Hackers have drained $28 million from cryptocurrency options and futures exchange Deribit's hot wallet. Chief Commercial Officer Luuk Strijers unpacks what happened. "We keep 99% of our user funds in cold storage to limit the impact of these type of events."

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