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M2 Crypto Exchange Suffers $13 Million Hack, User Funds Recovered

M2 Crypto Exchange Suffers $13 Million Hack, User Funds Recovered

The cryptocurrency sector is grappling with yet another significant breach, as M2 Crypto Exchange reported a hack resulting in the theft of $13 million from user accounts. In a reassuring turn of events, the exchange has announced that all affected user funds have been restored promptly.

This incident comes on the heels of the $230 million hack of WazirX, which transpired less than four months ago, raising concerns about the security measures in place across digital trading platforms.