Ethereum

Millions

Bitcoin

Monero

Shield

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/crypto-exchange-suffers-major-theft-fixed-float-loses-millions-in-bitcoin-and-ethereum" rel="noopener noreferrer nofollow">Crypto Exchange Suffers Major Theft: Fixed Float Loses Millions in Bitcoin and Ethereum</a><br></p>
<p style="text-align: justify">Fixed Float, a cryptocurrency exchange and mixer, recently fell prey to a substantial theft that saw the platform lose an estimated $26 million in <a href="https://en.bitcoinhaber.net/spotlight-on-risks-anticipating-the-impact-of-spot-bitcoin-etfs-in-the-us-market" rel="noopener noreferrer nofollow">Bitcoin</a> (BTC) and Ethereum (ETH). An adept cybercriminal managed to transfer a significant portion of the stolen Ethereum almost immediately after the heist. This incident further highlights the vulnerabilities within the digital currency landscape.</p>
<h2 id="substantial-digital-assets-compromised">Substantial Digital Assets Compromised</h2>
<p style="text-align: justify">The cyber heist led to the loss of 409 Bitcoins, valued at approximately $21.17 million, alongside 1,728 Ethereums, worth around $4.85 million. Peck Shield Alert revealed that the illicitly acquired Ethereum was swiftly moved to another exchange within the Ethereum network. The current whereabouts or status of the stolen Bitcoin remains undisclosed.</p>
<p style="text-align: justify">Initial signs of the hack surfaced on platform X, with users reporting halted transactions and unaccounted funds. Subsequently, Fixed Float confirmed the security breach. Initially shrugged off as minor technical difficulties, the platform soon shifted to maintenance mode as the gravity of the incident became clear.</p>
<p style="text-align: justify">Following the incident, Fixed Float admitted the serious nature of the event, categorizing it as a significant theft of funds. The exchange is currently delving into the breach to pinpoint the origins and method of the attack.</p>
<h2 id="exchange-s-response-to-the-breach">Exchange’s Response to the Breach</h2>
<p style="text-align: justify">In the aftermath, Fixed Float has limited commentary on the investigation, stating efforts are focused on resolving security vulnerabilities and enhancing overall protection measures. The exchange promised to keep users informed, and assured service restoration soon, with details regarding the incident to follow.</p>
<p style="text-align: justify">Despite assurances, the exchange received negative feedback from users, with some labeling it a scam. Controversially, a user shared a screenshot depicting the Fixed Float team requesting private keys, a move that was justified by the exchange as necessary for verifying Monero (XMR) transactions but has raised suspicions among the community, especially in the wake of the multi-million dollar theft.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/crypto-exchange-suffers-major-theft-fixed-float-loses-millions-in-bitcoin-and-ethereum" rel="noopener noreferrer nofollow">Crypto Exchange Suffers Major Theft: Fixed Float Loses Millions in Bitcoin and Ethereum</a></h5>

Crypto Exchange Suffers Major Theft: Fixed Float Loses Millions in Bitcoin and Ethereum

Mục lục

BH NEWS

Các bài viết khác được xuất bản trên 19 thg 2, 2024

Shiba Inu Stands Tall As Coinbase Delists Bitcoin, Dogecoin From Payment Service

Sam Altman’s Worldcoin Hits New All-Time High As Daily Wallet Users Surpass One Million Following...

Ripple Vs. SEC: Recovery Deadline Looms Overhead, What This Means

Binance to shut down multiple leveraged token listings

Bitcoin ETFs surge: iShares & Fidelity lead with record holdings

Ripple CTO Takes Firm Stand Amid Heated Debate Around XRP Dump

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!