Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: Dociko on September 09, 2020, 03:23:39 PM

Title: This European Crypto Exchange Was Just Hacked for $5 Million
Post by: Dociko on September 09, 2020, 03:23:39 PM

In the first crypto exchange hack of this bull market, a European crypto exchange was hacked for around $5 million. Only the exchange’s “hot” wallets were compromised per their report.

A hot wallet is a cryptocurrency wallet connected to the Internet. For exchange, hot wallets are often used to enable fast withdrawal of one’s holdings, as the opposing “cold” wallets are meant to take some effort to access.
Details: https://www.newsbtc.com/2020/09/09/this-european-crypto-exchange-was-just-hacked-for-5-million/

Title: Re: This European Crypto Exchange Was Just Hacked for $5 Million
Post by: highnayem34 on September 09, 2020, 04:49:03 PM

Announced on Twitter and in Telegram, six of the European crypto exchange ETERBASE’s hot wallets were recently compromised. These wallets are for the exchange’s Ethereum (and ERC-20 tokens), Tron, Tezos, Bitcoin, Algorand, and XRP.