Revolut hackers demand $3 million as breach exposes crypto holders' data

Crypto Insight Summary: As stated by the Financial Times (FT), the attackers who duped Revolut into giving up customer data are asking for a ransom of $3 million to ensure that the information remains confidential. The information includes identity documents, home addresses, and transaction records related to crypto-heavy accounts. The ransom is just one of the problems. The... Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Data breach raises security concerns, potentially deterring crypto adoption.