Lykke

Lykke is a cryptocurrency exchange that provides a platform for users to trade digital assets. The company is headquartered in Zug, Switzerland, and operates under the alias Lykke. Its core service involves enabling the buying, selling, and exchange of various cryptocurrencies through an online interface. Lykke targets individuals who wish to participate in the cryptocurrency market via its trading platform. The exchange offers access to multiple crypto pairs and aims to facilitate secure transactions for its users.

In June 2024, Lykke suffered a cyberattack that resulted in the theft of approximately $22 million in cryptocurrency assets. The breach occurred after hackers infiltrated the company's corporate network and deceived a partner firm into transferring funds to an attacker-controlled address. Following the incident, the exchange temporarily suspended operations, preventing customers from accessing their accounts or executing trades. Lykke's chief executive has stated that the firm's viability and customer funds are not endangered despite the disruption. External cybersecurity specialists are conducting a thorough audit of Lykke's systems to identify vulnerabilities and prevent future incidents. The company intends to compensate affected users for the service interruption and to prioritize security and resilience improvements in its future development.