2026-01-06 10:23:32

A cryptocurrency payment platform focused on the Latin American market recently suffered a hacker attack. According to an official statement, this incident resulted in over 1,000 customers' stablecoin assets being affected, involving approximately $340,905. The good news is that the platform promptly detected the unauthorized access and has committed to fully compensate the affected users.

This San Francisco-based company has been growing rapidly since its establishment in 2023. Its monthly active users have surpassed 1 million, with total payments exceeding $1 billion, and its business covers multiple countries in Latin America. The company also secured $20 million in funding this year, indicating investor confidence in its long-term prospects.

In the increasingly competitive crypto payment sector, such security incidents serve as a reminder that platforms need to implement stricter risk control measures. Finding a balance between expanding the user base and ensuring fund security has become a core challenge in this industry.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

21 Likes

Reward
21
6
Repost
Share

Comment

0/400

EternalMiner

· 01-08 19:47

Hacked again? Can full compensation clear the name? --- The Latin American market is indeed attractive, but safety really needs to be prioritized --- One million users dare to play like this, quite bold --- Oh my, another hacker, when will it finally settle down --- Promised full compensation, but the premise is having the money --- Just raised 20 million and was immediately exploited, hilarious --- Risk control is something that platforms can never be certain about --- 3.4 million USD sounds not much, but it can be fatal for small platforms

View OriginalReply0

BlockImposter

· 01-08 11:04

Getting hacked again? The race in Latin America is really intense. Just say full compensation, but it depends on when it will be in place. Even 20 million in funding can't stop hackers, lol. Once the gap opens, other platforms will have to follow suit and compensate, and the costs for this wave are not low.

View OriginalReply0

Lonely_Validator

· 01-06 10:51

Hacker attacks and compensation again, tired of this routine haha --- Full compensation sounds good, but I don't know when it will be credited --- Latin American payment is indeed competitive, but if security is not done well, what's the point of selling --- Can 1 million monthly active users still be attacked? How weak must the security system be --- I just want to know where the stolen 340,000 dollars ended up --- Raising 20 million and then getting hacked back, this script is really brilliant --- The promise of compensation, let's wait until it actually arrives before talking --- Cryptocurrency payment platforms have issues every three days, who still dares to use them --- By the way, do these kinds of incidents have a big impact on the coin price? I just want to buy the dip --- The platform's risk control really needs an upgrade, it's too unprofessional

View OriginalReply0

HashBard

· 01-06 10:47

ngl the "full reimbursement" arc is giving theater vibes... but also respect the speedrun on damage control. 1M MAU tho? that's the real narrative here, not the 340k incident

Reply0

OnchainHolmes

· 01-06 10:45

Coming again? Latin American payments really never calm down Full compensation sounds good, but how can we ensure it won't happen again next time Raising 20 million yuan and still getting hacked, this security team needs to do some serious self-reflection The Latin American market indeed has potential, but we need to fix the fundamentals first Over 3.4 million dollars may not be the biggest incident, but it's a confidence killer

View OriginalReply0

LiquidatedNotStirred

· 01-06 10:42

Full compensation sounds good, but this security vulnerability really needs reflection. Hackers and stablecoin risks again—Web3 payments might still take a long time to stabilize. They couldn't even protect 1 million active users, and the 20 million in funding might have to be redirected to patch the holes. Promising compensation shows good attitude, but the question is how to prevent it next time? The Latin American market has great potential, but I'm worried that security can't keep up with the growth pace.

View OriginalReply0