Grace Ashiru
The digital asset market place Patricia said that Bitcoin and naira assets were lost because of a security breach.
The cryptocurrency platform said that its program for retail trading, Patricia Personal, had been hacked, but other crypto assets were not affected. As a result of the breach, Patricia briefly stopped withdrawals on its mobile and web apps to figure out what was happening.
The company started as a place to swap gift cards, but it has grown quickly and now handles 30,000 daily transactions for about 850,000 users.
In a message, the company told its users and sellers that their assets were safe, and that work was being done to recover the stolen money. Patricia said it might have become a target for hackers because it became more famous as a Bitcoin exchange platform.
Aside from the security breach and cash flow problems, Patricia’s bosses recently told the company in a company-wide meeting that more people will be let go. Even though about 160 people worked for the retail trade app, sources say some were let go in 2022, but no apparent reason was given.
In addition to the security breach and cash flow problems, Patricia’s bosses recently told the company in a company-wide meeting that more people would be fired. Sources say 160le, who worked for the retail trade app, was fired in 2022, but no apparent reason was given.
Reports say that team leads were told to cut their teams by up to 80%, which worried workers about their jobs.
