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Slovak Crypto Exchange Eterbase Hacked

Anna Martynova

European crypto exchange Eterbase was hacked on Monday night and, as a result, lost the equivalent of $5 mln worth of cryptocurrencies from its hot wallets.

Eterbase announced that six addresses associated with Bitcoin (BTC), Ether (ETH)/ERC-20, XRP, Tron (TRX), Tezos (XTZ), and Algorand (ALGO) tokens have been compromised. The exchange did not officially disclose the amount that was lost during the hack. However, according to Block Research, that's over $5 mln. Approximately $3.9 mln was stolen from an ETH/ERC-20 token address, which is the largest amount, followed by an XTZ address of around $471,000.

Eterbase said it has contacted centralized exchanges that may have received these illicit funds, and has suspended trading and withdrawals until September 10. At the moment, the exchange is in maintenance mode.

Image courtesy of The Block Crypto

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