BitcoinWorld

Crypto News

Eterbase Hacked And $1.6 Million In Cryptocurrencies Stolen

Eterbase (Courtesy: Twitter)
Eterbase (Courtesy: Twitter)
Eterbase (Courtesy: Twitter)
Eterbase (Courtesy: Twitter)

A small exchange in Slovakia has disclosed that hackers managed to break into its hot wallets and make off with approximately $1.6 million in various cryptocurrencies.

Eterbase announced on its Telegram channel Tuesday that hot wallets for six of its listed cryptocurrencies had been compromised.

On Monday night, hackers stole bitcoin, ether, XRP, tezos, algorand and TRON, transferring the funds into public wallets that have since been emptied. At current prices, the amount stolen is worth just under $1.6 million.

Eterbase shared the wallet addresses on the firm’s Telegram channel, but has withheld further details until its own investigation into the attack is complete.

Based in Bratislava, Slovakia, Eterbase lists euro trading pairs against a series of conventional and DeFI-related digital assets.

It’s been averaging around $3 million in daily trading volume, according to CoinGecko. The exchange has contacted the authorities and has suspended trading and European Union bank withdrawals until Sept. 10.

Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.