LCX Exchange loses $ 6.8 million in hot wallet to hackers over BTC crash CoinQuora
[ad_1]
- The LCX exchange has lost $ 6.8 million in one of its hot purses for hackers.
- PeckShield, a blockchain security company, identified the hack.
- ETH, USDC, LINK, MKR, ENJ, SAND and QNT were put at risk.
The LCX exchange has lost a whopping $ 6.8 million in one of its hot purses in the face of hackers. Along with the news, the company has officially confirmed the event after the suspension of deposits and withdrawals.
Incident Update: Sorry to announce that one of our hot wallets has been compromised. We have taken security measures to protect other wallets and belongings.1 / 3
– LCX (@lcx) January 9, 2022
According to the report, a blockchain security firm first identified PeckShield in a suspicious ERC-20 token transfer from an LCX exchange to an anonymous ETH wallet.
endangered hot wallet? @lcx https://t.co/uL5a7oCFfM
– PeckShield Inc. (@peckshield) January 9, 2022
In addition, following the PeckShield report, the LCX exchange reported that more than eight types of tokens were at risk, including ETH, USDC, LINK, MKR, ENJ, SAND and QNT.
Meanwhile, LCX has yet to come up with a possible solution to help return the stolen funds. The exchange only mentioned its security measures to secure other portfolios and assets.
In this difficult time, we are very grateful for the support of our customers, other exchanges, security experts, and the wider crypto community.
Coincidentally, the LCX exchange rate came at a time when Bitcoin (BTC) prices were showing a sharp downward trend. However, in addition to the current decline in BTC, the entire crypto market is also showing red symptoms, indicating a bear market.
Apparently, this time the crypto market rally seems to be going wrong in the imagination of traders. At the time of writing, the crypto market reflects a mix of reds and greens. But the market is dominated by red flags, compared to being bullish.
In fact, this week seems like a pretty bad time, especially for the flagship currency and the crypto market.
Legal Notice: The views expressed in this article are those of the author only and do not necessarily reflect the views of CoinQuora. No information in this article should be construed as investment advice. CoinQuora encourages all users to do their research before investing in cryptocurrencies.
Fusion Media or anyone involved with Fusion Media will not be held liable for any loss or damage as a result of relying on the information contained in the data, estimates, charts and buy / sell signals contained in this website. Please be informed that one of the most risky forms of investment possible is the full information on the risks and costs associated with trading in the financial markets.
[ad_2]
Source link
