What happened
Altsbit announced the breach, stating on Twitter: "Unfortunately we have to notify you with the fact that our exchange was hacked during the night and almost all funds from BTC, ETH, ARRR and VRSC were stolen. A small part of the funds are safe on cold wallets."
An update on the company's website indicated that "fortunately a good part of the coins were kept on cold storage" and that it will issue partial refunds, not having the wherewithal to fully compensate users.
The cryptocurrencies which have taken in the hack:
Bitcoin (BTC): 6,929 lost out of 14,782 held
Ether (ETH): 23,210 lost out of 32,262
Pirate Chain (ARRR): 3,924,082 lost out of 9,619,754
Verus Coin (VRSC): 414,154 lost out of 852,726
Komodo (KMD): 1,066 lost out of 48,015
Case & protocol details
Evidence & learning
Sources and on-chain records
- report Report coindesk.com
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