Cryptocurrency exchange Lykke shuts down trading after $22 million in suspicious fund outflows

ChainCatcher news, according to DLNews, the UK cryptocurrency exchange Lykke has shut down trading due to "unauthorized access" to its platform, marking the latest sign of cryptocurrency hackers exploiting private keys.

Cyber researcher SomaXBT was the first to report the incident, stating that the exchange closed two days after being hacked. MetaMask developer and cryptocurrency defense expert Taylor Monahan noted that the exchange has suffered a suspicious outflow of $22 million.