$3.1 Million Stolen From Cashaa Bitcoin Exchange

Officials from a major UK fintech company, Cashaa, have confirmed a hacker attack on one of their BTC wallets.

Hacking Cashaa Wallet

An unknown attacker gained access to the company's wallet and emptied it. According to official information, he managed to withdraw 336 BTC, which at the current rate is more than 3.1 million US dollars.

https://twitter.com/yourCashaa/status/1281995351864430593

Malware

The company believes, the Trojan software was installed on the computer that was used for operations with customers' coins.

Using this software, a hacker received a notification when a Cashaa employee logged in. After that, the unknown made several transfers to the address 14RYUUaMW1shoxCav4znEh64xnTtL3a2Ek.

Consequences

The company assured that the user’s funds are safe, and an investigation was started. Due to these events, the Cashaa cryptocurrency rate fell by almost 40%, but after a large dump, it slightly recovered.