Altsbit Cryptocurrency Exchange Announces Closure After Hacker Attack

The Italian cryptocurrency exchange Altsbit, which suffered from a hacker attack, announced its closure. JobThe site will end on May 8, 2020.

According to the exchange, the attackers stole 6.929 BTC and 23 ETH, as well as some ARRR, VRSC and KMD. The total loss in crypto assets is about $ 70,000. A significant part of Altsbit funds is located in a cold storage. They will go towards a partial refund of stolen user assets. Compensations will be paid from February 10 to May 8, after which the Altsbit platform will cease operations.

Perhaps she had a hand in the incident.a group of black hackers LulzSec, which had previously been associated with many major hacks, including the Sony Pictures hack in 2011. The following message, which LulzSec posted on Twitter, leads to such thoughts:

“We assure you that Altsbit did not take the necessary precautions to stop Canon Lulz. There will be many more such hacks. Note to other exchanges - increase the level of security. "

Recall that in May last year, hackers managed tohack the largest cryptocurrency exchange Binance, as a result of which they were able to withdraw 7,000 BTC from the exchange’s hot wallet. In addition, Chainalysis recently presented an excerpt from a report on hacking cryptocurrency exchanges in 2019, according to which the number of major hacks doubled, although the amount of losses was less compared to 2018.

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