The M2 Exchange cryptocurrency exchange team notified clients that their wallets were hacked and $13.7 million was stolen.

Hot wallets of the M2 Exchange crypto exchange were attacked by hackers on October 31. Despite the quick response of the cybersecurity service to the exploit, the hackers managed to withdraw crypto assets worth $13.7 million in ether, bitcoin and Solana in ten minutes, company representatives said.

On November 1, the exchange administration announced that the situation with the exploit had been completely resolved and customer funds had been returned.

“M2 takes full responsibility for possible losses of users. All services operate without restrictions, and additional control tools have been launched,” representatives of M2 Exchange assured.

The day before, the decentralized autonomous organization Tapioca DAO, working with decentralized finance (DeFi), suffered from a hacker attack – the attacker stole TAP tokens worth $1.6 million.