LCX, a Liechtenstein-based cryptocurrency exchange, has confirmed that one of its hot wallets was hacked after temporarily suspending all deposits and withdrawals on the platform.
-PeckShield Inc. (@peckshield) January 9, 2022
The exchange quickly confirmed a possible hot wallet compromise because it announced the loss of many tokens including ETH and USD Coin (USDC) And other tokens, including its internal LCX tokens.
Assets based on the Ethereum blockchain, such as ETH, USDC, EURe, LCX and other assets have been moved to
Hacking ETH wallet: 0x165402279F2C081C54B00f0E08812F3fd4560A05
— LCX (@lcx) January 9, 2022
At the time of writing, LCX has not yet shared any plans to help return the stolen funds. However, the company has confirmed that security measures are taken to protect other wallets and assets:
“During this difficult time, we are very grateful for the support of our customers, other exchanges, security experts and the broader crypto community.”
LCX has not yet responded to Cointelegraph’s request for comment.
A recent report by the security platform ImmuneFi found that crypto companies suffered more than $10.2 billion in losses in 2021 due to hacker attacks, scams, and other malicious activities.
As reported by Cointelegraph, ImmuneFi identified 120 examples of cryptographic attacks and carpet attacks, of which the most valuable hacking attacks were Poly Networks $613 million, Followed by Venus and Bit market They are 200 million U.S. dollars and 150 million U.S. dollars respectively.