$16.5M Discord crypto trading bot shuts down after exploit
None Trading, a cryptocurrency and NFT trading platform built on Discord, announced its immediate shutdown on Sept. 20 due to a “critical exploit ” in its infrastructure that resulted in substantial financial losses, including “team tokens” crucial for business operations. The shutdown announcement revealed that the exploit had put the company in an untenable position, both financially and infrastructurally. Dear None Trading Community, It is with a heavy heart that we must deliver some unfortunate news today. We want to begin by expressing our deep sorrow and regret for the recent events that have transpired, which have forced us to make an incredibly difficult decision. None… — NONE (@nonethio) September 20, 2023 The company noted the losses were so significant that three core team members left the company, making it “simply impossible” to continue running the project effectively. As a result, the decision was made to cease all company...