Remitano Crypto Exchange Suffers $2.7 Million Loss in Exploit

Summary # On September 14, 2023, Remitano, a cryptocurrency exchange, fell victim to a security breach, resulting in unauthorized transactions on the Ethereum and TRON blockchains and a significant financial loss of $2.7 million. This incident was primarily a hack of the exchange’s hot wallet, triggered by a data leak from a third-party source. Tether’s prompt intervention helped freeze the attacker’s addresses, securing 1.9 million USDT and averting further potential losses. ...