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FixedFloat confirms $26M exploit in Bitcoin, Ether

Pruned5786

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FixedFloat is an automated crypto exchange that does not require users’ registration or Know Your Customer (KYC) verifications. According to data from SEMrush, around 26% of its web traffic comes from users in the United States. The exchange integrates with the Lightning Network for Bitcoin transactions.
On-chain cybersecurity is one of the main challenges crypto projects face. The Solana ecosystem, for instance, has been targeted by scam-as-a-service marketplaces offering drainers that can perform bit-flip attacks.
Chainalysis also flagged the return of ransomware payments in 2023, specifically targeting high-profile institutions and infrastructure. According to a recent report, criminals made a record $1 billion last year through supply chain attacks, ranging from individuals and small criminal groups to large syndicates.
 

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