FixedFloat successfully hacked again. \ stacker news ~bitcoin

FixedFloat successfully hacked again.twitter.com/FixedFloat/status/1775172224216875223

2031 sats \ 10 comments \ @StillStackinAfterAllTheseYears 2 Apr bitcoin

By the same people.

...unfortunately, hackers managed to discover a vulnerability of a third party whose services we use. Although such third-party attacks are beyond our control, we take all necessary measures to strengthen the security of ...

Third parties are security holes

First party data is data your company has collected directly from your audience, whether customer, site visitors, or social media followers.

Second party data is information you didn't collect yourself — in other words; you're using it secondhand. Businesses often get it by working with a trusted partner that shares audience insights in a mutually beneficial relationship.

Third party data is any data collected by a business without any direct link to your business or audience. Its scope is much wider than first and second party data.

21 sats \ 0 replies \ @Johnny21 3 Apr

That's bad, I like to recommend this exchange to swap shitcoins to lightning. But at least users seem to be fine.

We would like to emphasize that financial losses affected only our service; hackers stole funds to ensure the liquidity of the service, that is, the company’s funds and user funds were not affected. We also want to emphasize that FixedFloat does not perform the functions of a custodial service, that is, it does not store user funds.

85 sats \ 1 reply \ @DarthCoin 3 Apr

When people will learn that the exchanges cannot have a "boating accident" because they cannot sail?

All exchanges will have eventually a "hacking accident" in a moment. All "hacks" are inside jobs. Happened many times in the Bitcoin history but people do not pay attention, they are looking to the puppet not who is behind, the master of puppets...

Example: Bitfinex.

0 sats \ 0 replies \ @nikotsla 3 Apr

I remember the Bitfinex accident... and you are right. But in this case was just to "clean" some ETH...

42 sats \ 0 replies \ @nikotsla 3 Apr

This is the time when they need to do a good post-mortem analysis, share and improve for the future. Trust is hard.

1 sat \ 0 replies \ @TheBTCManual 3 Apr

So 26 million the last time, 2.8 million this time, so at least their reducing the size of their hacks lol, that or they're really running low on capital

Looks like all the fund that were stoken were ETH based

https://twitter.com/CyversAlerts/status/1775072778112180640

0 sats \ 0 replies \ @nym 3 Apr

I’m not suprised. It’s a closed walled garden

0 sats \ 0 replies \ @halalmoney 3 Apr

Naming something FixedFloat is asking for trouble…..

0 sats \ 0 replies \ @DudeJLebowski 3 Apr

I have no idea what that is, but I'm sorry for their loss.

0 sats \ 0 replies \ @BitcoinIsTheFuture 3 Apr

Maybe you should take some accountability