European crypto exchange ETERBASE hacked, lost more than $5 million from its ‘hot’ wallets

Little-known European crypto exchange ETERBASE suffered a hack Monday night and lost several cryptocurrencies from its “hot” wallets.

Announcing the news on Tuesday, ETERBASE said six of its addresses, tied to bitcoin (BTC), ether (ETH)/ ERC-20 tokens, XRP, Tron (TRX), Tezos (XTZ), and Algorand (ALGO), have been compromised. The exchange did not reveal the amount lost during the hack, but it is more than $5 million, according to The Block Research.

Source: ETERBASE, The Block Research

The ETH/ ERC-20 tokens address lost the most funds, around $3.9 million, followed by the XTZ address, losing about $471,000.

ETERBASE said it has contacted “all centralized exchanges that might be receiving these illicit funds.” In the meantime, the exchange is in maintenance mode.

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