According to Foresight News, SlowMist Technology founder Yu Xian tweeted that the source of the two thefts of FixedFloat was allegedly from the hosting service provider Time4VPS. Although the service provider is cheap, its security is unreliable. The attacker obtained all functional permissions of the host, including global access to all servers, making the previous security measures completely ineffective. Yu Xian suggested that the cryptocurrency industry avoid choosing similar small service providers.

Foresight News previously reported that FixedFloat lost $26.1 million in a hacker attack in February, and the same hacker launched another attack on March 31, resulting in a loss of $2.8 million.