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Cryptocurrency news headlines focus on Revolut. According to reports, malicious hackers leaked some user data, including personal information of well-known people. Hackers accused Revolut of providing sensitive data to countries outside its jurisdiction. According to reports, the hackers demanded 10,000 bitcoins as ransom.
Last weekend, Revolut made headlines in cryptocurrency news after being hacked. According to reports, these malicious actors used impersonation to disguise themselves as government agencies to gain access to the database. The latest cryptocurrency news reports point out that the situation has further deteriorated. First, malicious actors have made public some stolen data, including KYC (Know Your Customer) data leaked during the breach.
International Cyber Digest revealed that Gamdom CEO Roma and a tennis player named Shevchenko were among the victims of privacy data leaks. 
Cryptocurrency News: Revolut Hack Incident Update| Source: International Internet Summary
Revolut previously stated that the hacking only affected a small portion of user data. In addition, the company argued that user funds were not affected, although the breach of KYC data could pose further risks.
Cryptocurrency News: Hackers try to punish Revolut
for allegedly providing customer data to The mastermind behind the hacking incident also seems to have revenge motives. Reports showed that hackers accused Revolut of sharing sensitive data with countries outside jurisdiction. Hackers justify their actions using negligence and invasion of privacy. The fact that malicious actors have access to data so easily also exacerbates the situation. Observers also criticized the company for failing to conduct proper safety inspections. After all, the breach involved only an email address used to steal data, which was allegedly from a legitimate government agency's website.
Revolt hackers demanded 10,000 bitcoins as ransom
Revolt claims that only a small number of customers were affected by the data breach. However, the problem is far from over. According to the latest cryptocurrency news, the hackers behind the leak are now demanding ransom for 10,000 bitcoins. In other words, the hackers demanded approximately $785.5 million in Bitcoin. According to reports, if the company does not meet its demands, they will threaten to release more stolen data.
So, the key question now is: How serious is the situation? The main risk is that users 'KYC data may be exposed. This includes name, address, phone number, verification image, driver's license and passport. Such leaks of personal data pose a real risk to Revolut's customer base. An analyst who goes by the pseudonym "Captain Bitcoin" pointed out that if more data is exposed, customers may be traced to their place of residence. This situation increases the risk of kidnapping. There have been cases in the past where cryptocurrency holders have been kidnapped and tortured to force them to hand over their wallets or content.
For Revolut, the current situation is quite difficult. The company must now pay huge amounts of bitcoin or quickly come up with other solutions. However, in addition to potential losses and risks, this situation poses significant problems for the digital bank, could seriously damage its reputation and could scare off potential new customers.
In addition, exposure to risk directly affects customers, not just their funds. This means that moving funds out of a Revolut account does not eliminate risk. As a result, the Revolut data breach highlights a major cryptocurrency news incident that the market is closely watching. This clearly reminds cryptocurrency companies to deploy stricter precautions to prevent such data breaches.
