cryptocurrency exchange hackedcryptocurrency exchange hacked

Cybercriminals successfully plundered another digital
cryptocurrency exchange.

European cryptocurrency exchange Eterbase this week disclosed a
massive breach of its network by an unknown group of hackers who
stole cryptocurrencies worth 5.4 million dollars.

Eterbase, which has now entered maintenance mode until the
security issue is resolved, described itself as Europe’s Premier
Digital Asset Exchange.

Based in Bratislava, Slovakia, and launched in 2019, Eterbase is
a small cryptocurrency exchange platform that focuses on crypto to
SEPA integration (via individual IBAN accounts), multi-asset
support, and regulatory compliance.

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On Monday night, malicious threat actors managed to raid six
Eterbase’s hot wallets for Bitcoin, Ethereum, XRP, Tezos, Algorand,
and TRON and transferred the funds into their wallets managed at
six rival crypto exchanges, Eterbase reported[1]
on its Telegram channel on Tuesday.

According to a tweet posted by the
affected exchange, Eterbase tracked a big part of its stolen funds
to centralized exchanges, including Binance, HitBTC, and Huobi, and
contacted their support teams for further assistance.
[2]

cybersecurity

The company has already notified law enforcement authorities and
affected customers, assuring that they have enough capital to meet
all the obligations and take all necessary steps to ensure that the
amount of the deposit of their clients does not suffer any damage
result of the hack.

“We want to inform our users that we have enough capital to meet
all our obligations, and at the same time, we want to reassure
everyone that this event won’t stop our journey!,” the exchange
said.

Since the investigation is ongoing, the exchange refused to
share more details of the security breach incident.

“After the security audit of renowned global companies, our
operations will continue. We will announce the date of the
re-opening of the ETERBASE Exchange platform as soon as possible,’
the company said.

References

  1. ^
    reported (t.me)
  2. ^
    posted
    (twitter.com)

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