(CRO) Restricts Withdrawals For All Users After Succumbing To Hack was hacked. After users reported suspicious activity to their accounts, the crypto exchange made this announcement in the morning of Monday. This is the first hack of a centralized crypto exchange for 2022. It comes out of the 2021 hacking epidemic that left users and exchanges alike losing billions. (CRO – Hacker) users began having problems with their accounts. These users discovered their accounts were being hacked, and that they were now missing cryptocurrency from their balances. Some accounts were hacked and the hacker took all funds.

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In a tweet, the user said that the hack had only affected a few users. Users of the platform quickly retorted that it was false. Social media has seen an increase in complaints about funds being stolen by hackers. Many had significant amounts of stolen crypto and called on the exchange for action.

Moving Forward with Caution promptly rescinded all withdrawals after the news about its hack. The hack resulted in users being unable to withdraw and pending withdrawals being blocked. The hacker(s), who were attempting to steal more accounts from affected users, made this change to stop them from doing so.

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According to some reports, the attack happened after attackers managed to get around 2FA security precautions on the exchange. alerted customers to reset 2FA information and to log back in to the platform to gain access.

According to the cryptocurrency exchange, this update would be slowly released to its users. Once the update is complete, users can withdraw their coins and send them out to the exchange. “We understand this may be an inconvenience, but security comes first,” the exchange said. (CRO) price chart from

 Source: CROUSD| Source: CROUSD on Chart

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