Mixing service FixFloat suspected of being hacked, with losses exceeding $26 million

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Mixer FixFloat Suspected of Being Hacked

According to The Block report, the cryptocurrency mixer platform FixFloat experienced abnormal fund outflows, which were transferred to the following two addresses:

• Address 0xFa085: 1,728 ETH, $4.85 million

• Address bcad4e5: 409 BTC, $21.17 million

Cybersecurity firms Bitrace and PeckShield both pointed out that the attacker has utilized another mixer service, eXch, to transfer the stolen ETH.

#PeckShieldAlert #FixedFloat was hacked, resulting in ~1,728 $ETH (worth ~$4.85m) and & 409 $BTC (worth ~$21m) stolen. The drainer already transferred most of the stolen $ETH to #eXch on #Ethereum pic.twitter.com/IZKbCclH8v

— PeckShieldAlert (@PeckShieldAlert) February 19, 2024

On February 17, FixFloat responded to users:

FixFloat has encountered some technical issues and has now switched the service to maintenance mode. The exact time for restoration is still uncertain, but we are making every effort to expedite this process.

Hello,

We encountered some minor technical problems and have switched our service to maintenance mode. Unfortunately, the exact recovery time frame is not yet known, but we are doing everything possible to speed up this process. We hope that the service will be available again…

— FixedFloat⚡️ (@FixedFloat) February 17, 2024

Nearly $200 Million Hacked in the Past 30 Days

Previously reported, cybersecurity team PeckShield documented 2023 hacking incidents, stating that last year saw over 600 major hacking attacks resulting in approximately $26.1 billion in losses.

According to the REKT Database, there have been 17 security incidents in the past month, with the affected amount reaching $193 million.

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