FixedFloat Exchange Hacked: $26 Million in Bitcoin and Ethereum Stolen

FixedFloat, a non-custodial cryptocurrency exchange, confirmed it was hacked over the weekend, leading to the theft of $26 million in digital assets.

On Feb. 18, FixedFloat acknowledged the hack on a social media platform but withheld specific details, citing ongoing investigations and security improvements.

• As of press time, the exchange website is in maintenance mode, displaying an error message.

On-chain data reveals the hackers made off with 1,728 ETH (worth ~$4.85 million) and 409 BTC (worth ~$21 million).

Ethereum blockchain security firm PeckShield tracked most stolen ETH to the cryptocurrency mixer eXch.

Beosin Alert reported the stolen BTC dispersed across multiple addresses by the attacker.

Investigators found a portion (166.1 BTC) sent to Samourai Wallet, likely for Coinjoin transactions that mask transaction history.

Coinjoin mixes funds from multiple users, making it difficult to trace ownership after the transaction.

Current Status:

• FixedFloat maintains a tight grip on information, prioritizing security enhancements and investigations before public announcements.
• The exchange website remains offline, leaving users in the dark regarding the situation’s full scope and potential recovery options.

The investigation remains ongoing, and further details are expected to surface in the coming days.