
The non-custodial exchange FixedFloat has suffered a significant security breach, resulting in the loss of approximately $26.1 million in cryptocurrencies, including $21M in Bitcoin (BTC) and $4.85m in Ethereum (ETH). The exploit occurred on February 16 and 17, leading to the theft of 409 BTC and 1,728 ETH, which were then dispersed to multiple addresses and exchanges by the attackers using suspicious addresses, including 0x85c4fF99bF0eCb24e02921b0D4b5d336523Fa085 for ETH and bc1q2skp47p9f5mr4n4m27k66v0l68gh3xdd7ad4e5 for BTC. The stolen funds were transferred through coin mixers, complicating tracking efforts. FixedFloat confirmed the hack and theft of funds, promising to provide further details on the case. The exploit has been widely reported and analyzed by various cybersecurity and blockchain analysis firms, highlighting the vulnerabilities in decentralized finance (DeFi) platforms.

Deep Dive into FixedFloat's $26M Exploit 🚨 🧵👇..
Cryptocurrency exchange @FixedFloat was exploited for ~💰$4.85m on #Ethereum and ~💰$21.1m on #BTC on Feb 16 and 17, respectively. The stolen assets include 409 BTC and ~1,728 $ETH For 💎 Ethereum 😔Victim Address: 0x4E5B2e1dc63F6b91cb6Cd759936495434C7e972F 😈Attacker… https://t.co/52fdDaBcta
Automatic decentralized crypto exchange FixedFloat seemingly suffered a multi-million hacker attack, resulting in a loss of Bitcoin and Ethereum https://t.co/g8uCNY7AaU