Hackers Breached ETERBASE Cryptocurrency Exchange and Stole $ 5.4 Million


In the official Telegram channel, the representatives of ETERBASE admitted that they discovered the attack, however, sadly, they were not able to stop it. But, the company has actually currently requested help from the other exchanges to which the funds were moved.

But on September 9, ETERBASE assured that it had enough capital readily available to cover the payments of all users, and not just that, even they have actually likewise ensured that it had no intent to stop its operations.

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Security specialists have hinted towards the Cybercriminal group CryptoCore, as this group is behind lots of attacks on cryptocurrency exchanges..

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This group has actually been operating given that 2018 and has already performed five cyberattacks, as a result of which about $200 million were taken from online cryptocurrency exchanges in Japan, the United States, and other nations.

Nevertheless, the agents of ETERBASE has actually already notified the authorities about the occasion, and they have currently started their investigation. According to the reports, the substantial part of the funds went to the popular exchanges, Binance, HuobiGlobal, and Hitbtc.

Due to this breach, currently, all the operations on Eterbase are suspended till September 10, however as we told earlier that the business has actually guaranteed that they will continue all their operations.

According to ETERBASE report, as we have actually notified our customers/community the other day, the hot wallets of the ETERBASE Exchange were jeopardized and assets worth roughly $ 5.4 million were taken.

Recently, the agents of the ETERBASE has actually reported on the official Telegram channel of the website that they have actually become a victim of hackers. In this event, the hackers attacked ETERBASE and successfully took $5.4 million on September 8.

ETERBASE already provided the addresses of the wallets to which the funds were transferred. Here, hackers have actually hacked six hot wallets which contain Bitcoins, Ether, ERC20 tokens, XRP, Tron, Tezos, and Algorand.

The CEO of Binance, Changpeng Zhao, has actually guaranteed that he will do everything in his power to assist ETERBASE to recover the funds. The cryptocurrency exchanges are often used to wash cash by ransomware operators, and Binance was unable to prevent hackers from withdrawing funds through their infrastructure.

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