UAE-based cryptocurrency exchange M2 suffered a $13.7 million security breach. The exchange promptly addressed the issue, restoring all services and securing customer funds.
Crypto Exchange M2 Fixes $13.7 Million Security Breach, Restores Services
M2 underlined its commitment to customer safety by assuring users that it assumes full responsibility for any potential losses resulting from the incident.
Founded in 2022 and headquartered in the UAE, M2 allows UAE residents to buy and sell Bitcoin and Ethereum directly using their local bank accounts.
With services now fully operational, M2 is strengthening its security protocols to ensure future incidents are prevented.
*This is not investment advice.
