Security News > 2020 > September > Hackers Stole $5.4 Million From Eterbase Cryptocurrency Exchange

Cybercriminals successfully plundered another digital cryptocurrency exchange.

European cryptocurrency exchange Eterbase this week disclosed a massive breach of its network by an unknown group of hackers who stole cryptocurrencies worth 5.4 million dollars.

Based in Bratislava, Slovakia, and launched in 2019, Eterbase is a small cryptocurrency exchange platform that focuses on crypto to SEPA integration, multi-asset support, and regulatory compliance.

According to a tweet posted by the affected exchange, Eterbase tracked a big part of its stolen funds to centralized exchanges, including Binance, HitBTC, and Huobi, and contacted their support teams for further assistance.

"After the security audit of renowned global companies, our operations will continue. We will announce the date of the re-opening of the ETERBASE Exchange platform as soon as possible,' the company said."

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