Bilaxy is a relatively obscure cryptocurrency exchange which recently confirmed a major hacking incident that resulted in the loss of funds due to an exploit of the platform’s ERC-20 hot wallet. Bilaxy is a not so popular cryptocurrency exchange and recently it has confirmed a major hacking incident with the losses of funds because of an exploit of the platform’s ERC-20 hot wallet. Bilaxy recently stated that the crypto exchange went through losses due to a “serious hack” on Saturday between 6pm and 7pm UTC which ended up transferring 295 different ERC-20 tokens. The exchange believes the affected tokens were moved by the hacker to a single address. During the time of writing the tokens were estimated to be valued at $170,600, with the most recent transaction giving out 50 Ether (ETH) or about $159,000, on Monday. After noticing some abnormal activity with hot wallet transactions, Bilaxy suspended its website to take some precautions and transfer “hundreds of tokens” from i
Źródło: https://tokeneo.com/bilaxy-exchange-postponed-website-after-erc-20-hot-wallet-hack/
