European crypto exchange ETERBASE hacked, lost more than $5 million from its ‘hot’ wallets

Little-known European crypto exchange ETERBASE suffered a hack Monday night and lost several cryptocurrencies from its “hot” wallets.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Announcing the news on Tuesday, ETERBASE said six of its addresses, tied to bitcoin (BTC), ether (ETH)/ ERC-20 tokens, XRP, Tron (TRX), Tezos (XTZ), and Algorand (ALGO), have been compromised. The exchange did not reveal the amount lost during the hack, but it is more than $5 million, according to The Block Research.” data-reactid=”13″>Announcing the news on Tuesday, ETERBASE said six of its addresses, tied to bitcoin (BTC), ether (ETH)/ ERC-20 tokens, XRP, Tron (TRX), Tezos (XTZ), and Algorand (ALGO), have been compromised. The exchange did not reveal the amount lost during the hack, but it is more than $5 million, according to The Block Research.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Source: ETERBASE, The Block Research” data-reactid=”21″>Source: ETERBASE, The Block Research

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="The ETH/ ERC-20 tokens address lost the most funds, around $3.9 million, followed by the XTZ address, losing about $471,000.

ETERBASE said it has contacted “all centralized exchanges that might be receiving these illicit funds.” In the meantime, the exchange is in maintenance mode.” data-reactid=”26″>The ETH/ ERC-20 tokens address lost the most funds, around $3.9 million, followed by the XTZ address, losing about $471,000.

ETERBASE said it has contacted “all centralized exchanges that might be receiving these illicit funds.” In the meantime, the exchange is in maintenance mode.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="©&nbsp;2020&nbsp;The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.” data-reactid=”28″>© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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