A few days ago, the decentralized non-KYC application FixedFloat suffered a hack attack on its infrastructure, resulting in losses of 26 million dollars.
According to the auditing and blockchain analysis company PeckShield, a total of 1728 ETH and 409 BTC were stolen: some of the money was then laundered by passing through decentralized mixers and coinjoin transactions.
FixedFloat has stated that user funds are safe and that the hack did not compromise the financial stability of the crypto exchange application.
All the details below.
Vulnerability in FixedFloat’s structure: the decentralized application suffers a $26 million hack in BTC and ETH
On Saturday, February 17th, the decentralized cryptocurrency exchange application FixedFloat was the victim of a hack that caused losses of 26 million dollars in BTC and ETH.
It all started when several users reported experiencing frozen transactions and missing funds in their accounts; shortly after, it was discovered through on-chain analysi
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