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calendar_month 15.12.2020

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As might be inferred from the name, a bridge attack is a type of crypto trading hack where cybercriminals target currency as it is being transferred between different blockchains. Source: CoinDesk. Setting a high standard for companies that have suffered crypto exchange hacks, Coincheck used its capital to repay clients who had had funds stolen during the attack. They covered the losses for its users via the SAFU insurance fund so no users actually lost any crypto.