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The commonly used Remitano exchange allegedly experienced suspicious transactions, as over $2.7 million was withdrawn from its hot wallet by a single account.

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Remittano Hacked? 

Remitano experienced suspicious large withdrawals on Sept. 14, with some blockchain tx analysts concluding that it may have been hacked. A total of $2.7 million worth of crypto has been withdrawn through the suspicious transactions. 

Tether has also reportedly frozen one address the attacker allegedly used, potentially saving $1.4 million worth of customers’ funds.

Read More: TON: TON Integrates @wallet on Telegram to Send and Receive Crypto In-App.

The known Remitano hot wallet allegedly started sending funds to an address with no prior history at f 12:41 p.m. Blockchain analytics platform Cyvers then alerted the crypto community about the alleged suspicious transactions.

Remitano has not yet stated the incident. 

Remitano is a peer-to-peer crypto exchange and payment processor that focuses on emerging markets. It serves users in Pakistan, Ghana, Venezuela, Kenya, Malaysia, India, South Africa, Nigeria etc.

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By Tony Chimdiuto

Diutocoinnews Admin. Send all publications to info@diutocoinnews.com.ng

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