Warminster, PA, Tuesday, February 20, 2024- Hackers had reportedly breached the decentralized non-custodial cryptocurrency exchange FixedFloat around February 18, resulting in the theft of approximately $26 million worth of Bitcoin (BTC) and Ethereum (ETH), according to a report on X. 1
As per the Officer’s Notes (X account), the individual behind the attack depleted 1700 ETH from FixedFloat, and the funds were subsequently sent to an address within the Ethereum network. Furthermore, the hacker successfully siphoned off approximately $21 million in BTC.
”After the series of suspicious movements of 409 $BTC ($21.1M) and 1,728 $ETH ($4.85M) the exchange has been put into maintenance mode & remains down” 2
As of now, the investigation into the FixedFloat hack is ongoing. Authorities are working to identify the perpetrators and recover the stolen funds. This article will be updated with further information as it becomes available.
- FixedFloat: https://twitter.com/officer_cia/status/1759192197704933621?s=20[↩]
- FixedFloat: https://twitter.com/DailyDecryptPod/status/1759888137851949324))
FixedFloat acknowledged the breach today on the X.
“We confirm that there was indeed a hack and theft of funds. We are not yet ready to make public comments on this matter, as we are working to eliminate all possible vulnerabilities, improve security, and investigate. Our service will be available again soon. We will provide details on this case a little later,” FixedFloat said in response on X. ((FixedFloat: https://twitter.com/officer_cia/status/1759239096566747168/photo/1[↩]
