Cryptocurrency
[loss] $7M+
"LCX loses $6.8M in a hot wallet compromise over Ethereum blockchain"
Primary Source ↗Financial Loss
$6.8M
(6,800,000 USD)
Blockchain(s)
Ethereum
Incident Details
The Liechtenstein-based cryptocurrency exchange LCX suffered a $6.8 million loss when one of its hot wallets was compromised. Assets including ETH, USDC, EURe, and LCX were moved to an Ethereum wallet belonging to the attacker, then quickly tumbled using the Tornado Cash mixing service.
Total loss estimated at $6,800,000.
Technical Details
- Initial Attack Vector
- Smart contract exploit / hack
- Vendor / Product
- LCX
Timeline
- 2022-01-08 Breach occurred
- 2022-01-08 Publicly disclosed