Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: mlawson71 on October 03, 2019, 06:28:10 PM
-
Over 6.4 million USD worth of FSN Tokens were stolen from Fusion Network’s Swap Wallet after the block chain- based swap wallet platform was hacked on September 28,
A swap wallet has been compromised resulting in the theft of 10 million native FSN coins and 3.5 million Ethereum based ERC-20 FSN tokens.
Fusion Foundation said in a statement that only a single wallet was affected, and that the hackers were probably already laundering their loot.
“Compromise of the swap wallet was due to the Private Key being stolen. The Fusion Protocol and technology itself has been and remains secure. After the currency was stolen, abnormal wash-trading behavior occurred, and some of the stolen tokens were sold across exchanges, in particular Bitmax and Hotbit”, Fusion Foundation said.
Source (https://www.forexbrokerz.com/news/6-4-mln-stolen-from-fusion-network-in-a-hacker-attack)