WEB3
by BSC News
September 15, 2023
Tether has frozen two addresses that the attacker allegedly used on both the Ethereum and TRON networks, potentially saving $2.7 Million $USDT.
According to a post from Peckshield, a leading blockchain security platform, Remitano Exchange appears to have fallen victim to a significant exploit. The incident occurred on September 15, when more than $2.7 million was drained from the exchange's Tron and Ethereum wallets.
Peckshield cited suspicious activities in Remitano's transactions as the red flag that alerted them to the hack. In a move to save $2.7 Million $USDT, Tether has frozen two addresses that the attacker allegedly used on both the Ethereum and TRON networks.
However, the hacker on Ethereum managed to convert stolen USD Coin ($USDC) and Ankr ($Ankr) into approximately 163 Ethereum ($ETH), worth around $264,000. These funds were then transferred to another exchange, HitBTC.
The incident highlights the need for enhanced security measures within the cryptocurrency exchange landscape to safeguard users' assets.
Disclaimer
Disclaimer: The views expressed in this article do not necessarily represent the views of BSCNews. The information provided in this article is for educational and informational purposes only and should not be construed as investment advice. BSCNews assumes no responsibility for any investment decisions made based on the information provided in this article
Related News
Latest News
April 27, 2024
Weekly Article Recap: 4/22-4/26
April 26, 2024
Terraform Labs to Restrict Access for US Users Amid SEC Legal Battle
April 26, 2024
Can Chinese Investors Buy Hong Kong's New BTC and ETH ETFs?
April 26, 2024
World's largest Asset Custodian Bank, BNY Mellon Holds Bitcoin ETFs: Report
April 26, 2024
SEC Files $5.6M Lawsuit Against Geosyn Bitcoin Miner For Fraud
April 25, 2024
Nigeria Appoints Pro-Crypto Leader to Head SEC
April 25, 2024
BNB Chain Shows Strong Growth in Q1, 2024 Report: Key Details
April 25, 2024
Ethereum Spot ETFs Is Likely to Face SEC Denial in May: Reports
More News