26 Million Dollar Hack Shock to Crypto Exchange: Stolen from Bitcoin and That Altcoin!

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According to on-chain data, FixedFloat A decentralized crypto exchange called is worth at least $26 million Bitcoin and suffered an attack targeting Ethereum. The exchange team confirmed the attack on February 18, just hours after it was first reported on X (formerly Twitter). The team initially attributed the major outages to “minor technical issues” and put their services into maintenance mode.

Since February 17, users have tweeted about frozen transactions and missing funds on the exchange’s X page. Some users to the stock market Bitcoin or claimed that they sent Ethereum but did not receive the amount of cryptocurrency they wanted. Others said they tried to withdraw their funds from the exchange but the transactions got stuck or failed.

On-chain data shows more than 400 Bitcoins (worth about $21 million) and more than 1,700 coins from the exchange’s wallets on February 18. EthereumIt shows that (approximately $5 million worth) has been evacuated. Hackers then transferred the stolen funds to various addresses, some of which were associated with other crypto exchanges or mixers. quoted.

As Koinfinans.com reported, there is no clear indication of how the attack was carried out. The exchange team is reportedly investigating the security incident and working to eliminate all possible vulnerabilities and improve security. The team released a statement on X, saying:

We have confirmed that there has been a hack and theft of funds in our systems. As we are working to eliminate, improve security, and investigate all possible vulnerabilities, we are not yet ready to comment publicly on this matter. Our service will be available again soon. We will reveal details about this case later.

In addition, the exchange’s website currently displays an error message on all pages, preventing users from accessing the platform or contacting the support team.

FixedFloat is an automated crypto exchange that does not require users to register or Know Your Customer (KYC) verifications. Users can exchange various cryptocurrencies such as Bitcoin, Ether, Litecoin and Monero with fast and low-fee transactions. The exchange integrates with the Lightning Network for Bitcoin transactions, allowing users to send and receive Bitcoin instantly and cheaply.


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