Crypto Exchange Eterbase Falls Victim To A Hack Of Its Hot Wallets

Eterbase, a cryptocurrency exchange, recently fell victim to a hack of its hot wallets, as issued by the Slovak Republic-based exchange, hackers extracted approximately $5.4 million from the exchange’s accounts on August 8.

It has been reported that Eterbase assured users that law enforcement had already been informed about the incident.

However, the company also said that they have contacted all major exchanges that may receive these coins at some point, likely in the hope of recovering some of the missing funds.

The exchange did not specifically disclose which firms had been contacted, nor how the attack was accomplished due to “ongoing investigations” regarding the hack.


Hackers targeted the hot wallets of Eterbase, allowing them to steal over $5 million during a recent cyber attack, reports @conexiondigicol https://t.co/ndVHlyo6Xj — Cointelegraph (@Cointelegraph) September 9, 2020

Eterbase stated that they have “enough capital” to meet all of their obligations with users. 


We have reported the matter to law enforcement and we are cooperating closely in the investigation. We want to assure our clients that we are taking all necessary steps to ensure that the amount of their deposit does not suffer any damage as a result of a hacker attack. https://t.co/x7nAgGGeod — ETERBASE (@ETERBASE) September 8, 2020

The exchange added:

“We want to assure our clients that we are taking all necessary steps to ensure that the amount of their deposit does not suffer any damage as a result of a hacker attack.”

Thus, according to the report, Eterbase is performing internal maintenance, although the website is online and all services appear to be working.

Source: Cointelegraph | Image: Reuters

#CryptoNewsPoint #HotWallets #DigitalNotice #Hack #Eterbase

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