With insights from on-chain data, FixedFloat, a decentralised crypto exchange, has been exploited for at least $26 million worth of Bitcoin and Ether, stated Cointelegraph.
Sources confirmed the attack a few hours after it was first tweeted. The outflow is expected to take place due to “minor technical problems” and switched its services to maintenance mode.
“We confirm that there was indeed a hack and theft of funds. We are not yet ready to make public comments on this matter, as we are working to eliminate all possible vulnerabilities, improve security, and investigate. Our service will be available again soon. We will provide details on this case a little later,” Cointelgraph explained.
Furthermore, it is believed that currently the exchange’s website is showing an error message on all pages, concluded Cointelegraph.
(With insights from Cointelegraph)
