EXMO – a UK-based cryptocurrency exchange with offices in London, Moscow and Kiev – was hit by a cyber-attack yesterday, as a result of which it lost nearly 5% of its cryptocurrency in hot wallets, it said. Platform.

And what was stated in statement “EXMO”, the following:

We’ve spotted some big withdrawals since Dec 21st at 2:27:02 UTC.

We are still investigating the incident, but so far, the security audit report showed that some of the cryptocurrencies BTC, XRP, ZEC, USDT, ETC and ETH moved from EXMO’s hot wallets and moved off the platform.

According to the statement, the affected hot wallets accounted for about 5% of the platform’s total cryptocurrency.

Read:US Department of Homeland Security signs $1.36 million deal with Coinbase

At the same time, the platform stressed that the funds stored in cold wallets are safe and out of the hands of hackers.

After the hack was discovered, trading platform EXMO suspended all withdrawals, meanwhile urging its clients not to deposit any cryptocurrency until further notice.

The trading platform “EXMO” has asked all exchanges and custodians of cryptocurrency to ban the stolen cryptocurrency, as its statement is as follows:

We require all cryptocurrency custodians and trading platforms to block all accounts connected to hacked wallets.

The platform added:

We are currently determining the cause of the accident and will keep this list updated.

Maria Stankevich, EXMO’s chief business development officer, noted that the exact amount of stolen money is still being calculated.

attention!
We detected suspicious checkout activity. All withdrawals are temporarily suspended. We are investigating the issue and taking measures to protect your money.
If any used fund is affected by this incident, it will be fully covered by EXMO.

– EXMO (Exmo_Com) December 21, 2020

Read:Set the last date for users to submit their lost bitcoin requests on Mt.Gox

Maria also stated that if some EXMO users are affected by hacking, the platform will compensate them for the damages using its insurance fund.

Values Igor Ighamberdev, an analyst at “The Block,” EXMO lost about $10.5 million.

Read:Girl Facing Jail for Stealing 100,000 XRP

EXMO reported:

We reported the case to the London Police this morning and have been in contact with the cybercrime team there.

We will also conduct a comprehensive security review of all parts of our systems and data.

Security threats to trading platforms and cryptocurrency wallets continue, as we reported yesterday that many data of users of “Ledger” wallets were leaked.

After publishing the database of Ledger wallet users on the Internet… Beware of phishing attacks

Read also:

The CEO of “Nexus Mutual” crypto company is exposed to hacking and theft of $ 8 million

Six Reasonable Predictions for Bitcoin (BTC) Price in 2021