According to a report from security company PeckShield, ZB.com, a cryptocurrency exchange that stopped accepting withdrawals yesterday, had nearly $4.8 million taken from its hot wallet in a probable attack. According to on-chain statistics, significant sums of more than 20 cryptocurrencies were seen transferring from ZB.com’s hot wallet to another address. Since then, all but five of these tokens have been liquidated at this address as of publication. The total funds being transferred out from @ZBexchange are ~$4.8M and here is the detailed breakdown of tokens: https://t.co/uMpkvxtOAo pic.twitter.com/xo373Zyge1 — PeckShield Inc. (@peckshield) August 3, 2022 ZB.com Halted Withdrawals On Tuesday, these tokens were sold for 2,224 ETH ($3.6 million) on several decentralized markets. The possible hacker transferred the money to this wallet address, where the ether tokens are still located as of the publication date. The exchange said, “Due to the sudden failure of some core applications, it still takes time to troubleshoot the problem. Deposit and withdrawal services are now suspended. Please do not deposit digital currency before recovery,” Initially shifted amounts from ZB.com’s wallet to another wallet under the accused hacker’s control, which continues to hold around $1 million worth of those last five tokens. The alleged hacking event occurred while ZB.com temporarily stopped client withdrawals on Tuesday. One of the first cr...
Tether Treasury Mints $1 Billion in $USDT
