Home Coins Ethereum (ETH) European crypto exchange ETERBASE hacked, lost more than $5 million from its...

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.

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.

European crypto exchange ETERBASE hacked lost more than 5 millionSource: ETERBASE, The Block Research

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.

© 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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