The token swapwallet of Fusion’s Network is hacked, with $6.4 million, to Fusion (FSN) token is captured. The hackers have already tried to use the token in order to convert it into fiat money, through a variety of exchange marts.
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To Hack the wallet to the Fusion Network
The Fusion Foundation, will be notified in a post on Medium that it is today. It’s going to be specific to the swap wallet with the address and 0x8e6bDa71f3f0F49dDD29969De79aFCfac4457379.
A swap wallet cryptomunten a peer-to-peer file exchange without the intervention of a third party, such as an exchange. In such an exchange, there is no fiat money, but only a computer.
There are a total of 10 million native Fusion (FSN) and to 3.5 million in Ethereum (ETH zurich) based on ERC20 FSN-tokens to be stolen.
At the time of the hack was tokens, a total of us $ 6.4 million worth. At the present, valued at $0,23 per unit amount of the booty, approx. Of the 3.1 million us dollars.
At the time of the hack was tokens, however, are more than twice as worth it.
According to the foundation, that there are no wallets of the users affected, and a number of measures have been taken.
The Private key is stolen
So how did the hack take place? Reportedly, the hackers have the private key to the wallet and to know how to figure it out.
After the script has tried to be a part of the stolen tokens to be sold via the stock markets Bitmax, and Hotbit.
And then, there was an attempt to use the stolen token to turn it into bitcoin, and fiat money. With the collapse of the FSN tokens to be suspended during the following exchange marts: Huobi, OKEx, Bitmax, Citex, and Hotbit.
All of the remaining funds in the swapwallet have been moved to cold storage, and there are also alerts set up for any abnormal transactions.
The Foundation is also considering technological solutions in order to have the funds to repair it, but it is unclear as to what action you would think. As a result of the hack is that the price of the Fusion’s large dips.
At the time of this writing, and is a single FSN token, $0,23, according to marktvorser Coinmarketcap. Last night at 20 hours, the price is $0.50.
Source: Cointelegraph