FixedFloat appears to have been exploited for $26.1 million in bitcoin, ether
Quick Take Unusual transaction activity suggests crypto exchange FixedFloat was exploited across multiple blockchains. The exchange remains down for maintenance.
Crypto exchange FixedFloat appears to have been exploited for $26.1 million in bitcoin and ether, according to on-chain data. Since the unexpected fund movements, the exchange has been put into maintenance mode and remains down.
On the Bitcoin BTC -0.01% blockchain, the exchange has seen a suspicious movement of 409 bitcoin ($21.17 million) to this address . Over on Ethereum ETH +0.76% , there was a similar movement of 1,728 ether ($4.85 million) to this address .
On X, the exchange said , "We encountered some minor technical problems and have switched our service to maintenance mode."
The exchange has not confirmed the extent of the exploit and its website says, "Technical work is underway, we will be back soon."
FixedFloat is a non-custodial exchange that provides an automated way of exchanging cryptocurrencies. The exchange offers support for the Bitcoin Lightning Network.
In August 2022, the exchange helped seize $200,000 of ether that was stolen from the decentralized exchange Curve.
We have been unable to contact the exchange for comment as the contact system on its website remains down.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Code of Joker game will reappear on smartphones in a new version via Sui blockchain
Share link:In this post: The arcade Code of Joker existed from 2013 to 2019 The game will run on a platform Mysten acquired just days ago. Sui partnered with Jokers, Inc., which is obtaining more games to revive in Web3
RLUSD Can Be Frozen for Compliance, Ripple CTO Admits

BlackRock to File XRP ETF Only After SEC Lawsuit Resolution, Expert Says

ZKsync sunsets liquidity program amid bearish market
Trending news
MoreCrypto prices
More








