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International Business Times
International Business Times
Business
Marvie Basilan

UNCOVERED: Fixedfloat says user funds not affected by external exploit of 26m in bitcoin ether | History Defined

FixedFloat told IBT that the hack was of "external" nature but it cannot yet provide the exact details as an investigation is underway. (Credit: Bybit/flickr.com)

KEY POINTS

  • FixedFloat clarified that it "does not store user funds" as custodial services providers do
  • It said there are outstanding payment obligations for approximately 30 orders to its users
  • The exchange's website is still undergoing technical work as of Tuesday morning

Decentralized cryptocurrency exchange FixedFloat clarified that user funds were not affected in an "external attack" that led to the exploitation of at least $26 million worth of Bitcoin and Ether. The exchange said only its service has been affected.

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