February 5, 2020 - Altsbit Hack 6’929 BTC and more

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“Unfortunately we have to notify you with the fact that our exchange was hacked during the night and almost all funds from BTC, ETH, ARRR and VRSC were stolen. A small part of the funds are safe on cold wallets.” twitter

1. On February 5, 2020 the exchange Altsbit suffered an attack by hackers, in the attack unfortunately a certain quantity of coins were stolen from the platform. After a careful analysis we managed to understand the stolen quantities, fortunately a good part of the coins were kept on cold storage, these coins will be returned to the users of Altsbit exchange not having the possibility to compensate for these losses, they will be distributed among all users of the platform each coin will have its calculation based on the percentage that was saved during the attack

2. Current verified losses are:

  • Bitcoin (BTC): 6,929 lost out of 14,782 held
  • Ether (ETH): 23,210 lost out of 32,262
  • Pirate Chain (ARRR): 3,924,082 lost out of 9,619,754
  • Verus Coin (VRSC): 414,154 lost out of 852,726
  • Komodo (KMD): 1,066 lost out of 48,015

black hat hacking group LulzSec claimed it “We assure that @altsbit didn’t have (sic) proper security to stop Lulz Canon. Many others to follow. Better Stack up the Security – Note to other Exchanges.“