In Code We (Lose) Trust: How Security Became the Achilles’ Heel of Crypto

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When the notorious cryptocurrency exchange Crypto.com, of which NBA superstar Lebron James has become the face, discovered on Jan. 17 that it had been hacked, the alert did not come from its monitoring tools. 

The firm, an inside source told TheStreet, was made aware of the intrusion into its system by actor, investor and crypto enthusiast Ben Baller. 

In a since-deleted tweet, Baller said his account had been compromised and that he had lost nearly $14,000 worth of ethereum, the second most popular digital currency. He also claimed that he had enabled two-factor authentication. In a word, the error did not come from him.



Read More: In Code We (Lose) Trust: How Security Became the Achilles’ Heel of Crypto

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