Hot Development: This Crypto Exchange was Hacked, Coins were Stolen!

There are strong suspicions that attackers hacked another crypto exchange and stole $2.7 million worth of coins.
 Hot Development: This Crypto Exchange was Hacked, Coins were Stolen!
READING NOW Hot Development: This Crypto Exchange was Hacked, Coins were Stolen!

There are strong suspicions that attackers hacked the cryptocurrency exchange Remitano. According to the findings, more than 2.7 million dollars were withdrawn from the wallet of a single account. For this reason, Blockchain analysis platform Cyvers described the transaction in question as suspicious.

Attackers targeted Remitano!

Crypto exchange Remitano experienced large withdrawals under suspicious circumstances on September 14. Some Blockchain analysts concluded that it may have been hacked. A total of $2.7 million worth of cryptocurrency was withdrawn through suspicious transactions. Meanwhile, Tether froze an address allegedly used by the attacker. Thus, potentially saving $1.4 million worth of customer cryptocurrency.

Hackers stole these coins from the crypto exchange!

At around 12:45 pm on September 14, a known Remitano hot wallet began sending funds to an address with no previous history. Approximately $1.4 million worth of Tether (USDT) and $208,000 worth of USD Coin (USDC) stablecoins, as well as 104,000 Ankr Tokens (worth $2,000 at the time) were transferred to address 0x74530e81E9f4715c720b6b237f682CD0e298B66C. Blockchain analysis platform Cyvers has warned the crypto community about allegedly suspicious transactions. In this context, Cyvers shared the following on social media platform X:

Our machine learning-driven system detected multiple abnormal transactions on the Remitano exchange. This led to a total loss of $2.7 million across 3 Blockchains. We contacted the team to stop additional losses and initiate efforts to recover suspected stolen funds.

https://twitter.com/CyversAlerts/status/1702348063145165016

Tether then froze the address to prevent the attacker from converting the USDT into cash. This prevented further movement of $1.4 million worth of unloaded crypto. Meanwhile, Remitano has not yet made a statement about the incident.

Follow us for developments…

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