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On February 21, 2025, copyright Trade copyright executed what was supposed to be a routine transfer of person money from their cold wallet, a more secure offline wallet used for long-term storage, for their heat wallet, an online-linked wallet that offers a lot more accessibility than cold wallets though protecting additional safety than very hot wallets.
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On February 21, 2025, when copyright workers went to approve and signal a routine transfer, the UI confirmed what seemed to be a genuine transaction Together with the intended location. Only after the transfer of funds to the hidden addresses established through the malicious code did copyright employees notice a thing was amiss.
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