In the latest blow to the digital asset ecosystem, Fixed Float, a coin mixer and decentralized crypto exchange, has fallen victim to a massive scam. The crypto hack resulted in the loss of around $26 million worth of Bitcoin (BTC) and Ethereum (ETH). Moreover, the crypto hacker was swift enough to transfer most of the stolen Ethereum.
Fixed Float Crypto Hack Fiasco Leads To Massive BTC & ETH Exploit
The Fixed Float crypto scam fiasco saw 409 Bitcoin, valued at $21.17 million, and 1,728 Ethereum, totaling $4.85 million, disappear from the platform. Thereafter, most of the stolen Ethereum funds were transferred to an exchange on Ethereum via the hacker, according to a post by Peck Shield Alert. However, there has been no update on what happened to the compromised Bitcoin funds.
#PeckShieldAlert #FixedFloat was hacked, resulting in ~1,728 $ETH (worth ~$4.85m) and & 409 $BTC (worth ~$21m) stolen. The drainer already transferred most of the stolen $ETH to #eXch on #Ethereum pic.twit
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