CoinTelegraph - LCX loses $6.8M in a hot wallet compromise over Ethereum blockchain

in blockchain •  3 years ago 

https://cointelegraph.com/news/lcx-loses-6-8m-in-a-hot-wallet-compromise-over-ethereum-blockchain
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Blockchain security firm PeckShield first identified the hack of exchange LCX based on the suspicious transfer of ERC-20 tokens to an unidentified Ethereum wallet.

The exchange immediately confirmed the possible compromise of this hot wallet and announced the disappearance of a number of tokens, including Ether (ETH), USD Coin (USDC), and other tokens including internal LCX tokens.

PeckShield's investigation revealed that LCX lost a cumulative $6.8 million as a result of the hacking of eight different tokens, including Sandbox (SAND), Quant (QNT), Chainlink (LINK), Enjin Coin (ENJ), and Maker (MKR).

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