Kontigo’s latest security breach is less “Mission: Impossible” and more “Mission: Just Check Your Email.” The neobank lost $340K USDC to hackers, but hey-at least they’ll give it back. Probably.
On January 5, Kontigo discovered its systems had been “visited” by digital intruders. The hack drained user funds, prompting the bank to spring into action-because nothing says “trust us” like locking down systems after the money’s gone. 🚪💥
According to a very official-sounding X post, 1,050 users were affected, losing a total of 340,905.28 USDC. Kontigo confirmed the numbers after “initial verification,” which I’m sure involved someone cross-referencing a spreadsheet and a cup of lukewarm coffee. ☕📊
Avance Oficial: Kontigo repondrá el 100% de los montos impactados.
⏱ Próxima actualización: 7:00 p.m. VE
– Kontigo.com (@kontigo_app)
Source: Kontigo, because who else would you trust with your money?
Kontigo said, “We immediately isolated the systems involved.” Translation: “We panicked, locked everything down, and now we’re pretending it was a calculated move.” The company then called in cybersecurity experts-because apparently, one set of eyes isn’t enough when you’ve left the front door wide open. 🔐👀
Users Report Suspicious Activity Before Breach
Before Kontigo made the big announcement, users were already playing detective on social media. Screenshot-filled posts hinted at unauthorized access attempts, like digital ghost hunters armed with nothing but a phone and a sense of dread. 🕵️♂️👻
Kontigo responded by isolating systems and beefing up monitoring. Because nothing says “security” like adding a firewall after the thief’s already in your house. 🏠🔥
The company promised full reimbursement, “case-by-case,” and “according to security measures.” Translation: “We’ll give it back, but don’t expect a thank-you note.”
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Investigation Continues with Expert Support
Kontigo’s cybersecurity team is now working with… more cybersecurity experts. Because why trust one expert when you can hire an entire team to figure out what went wrong? 🧑💻👥
The company urged affected users to come forward, promising a “quick response.” If only they’d done that before the breach. 🤷♀️
Based in San Francisco, Kontigo offers Latin American markets US dollar savings accounts, cross-border payments, and crypto investments. For the uninitiated, that’s just a fancy way of saying, “We’ll manage your money… until we don’t.” 💼🔐
Founded in 2023 and valued at $100M after a $20M raise, Kontigo’s investors include Coinbase Ventures, DST Global, and Y Combinator. Because if you’re going to lose $340K, you might as well do it in style. 🎩
Crypto Industry Faces Rising Security Threats
This incident follows recent hacks like Trust Wallet’s $7M loss and a Binance phishing campaign. If crypto is the new Wild West, it’s also the most polite Wild West ever-just ask MetaMask. 🤠💻
SlowMist also reported a phishing scam targeting MetaMask users, disguised as two-factor authentication requests. Because nothing says “trust me” like fake login prompts. 🤡
Kontigo’s next update is scheduled for 7:00 PM Venezuelan time. Let’s hope it’s better than their current security protocols. 🕰️
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2026-01-06 19:22