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Hackers Nab $58,000 from Cryptocurrency Exchange by Trading Fake EOS Tokens

Hackers Nab $58k from Cryptocurrency Exchange with Fake EOS Tokens

Hackers were able to steal nearly $58,000 worth of cryptocurrency from the Newdex exchange by exploiting a vulnerability in the exchange, according to TheNextWeb. The hackers flooded the Newdex exchange with fake EOS tokens they created themselves to buy ADD, BLACK and IQ tokens from the centralized platform.

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