There is a $2 million hot wallet hack on the cryptocurrency exchange CoinSpot.
According to reports, CoinSpot, an Australian cryptocurrency exchange, suffered a $2.4 million attack due to a "probable private key compromise" involving at least one of its hot wallets.
In a post on November 8, blockchain expert ZachXBT noted two transactions that entered the purported hacker's wallet on his channel. The owner of the wallet then used Wan Bridge and ThorChain to bridge the funds to the Bitcoin tickers down $36,772 network.
A transaction totaling 1,262 Ether $1,928—worth $2.4 million at today's prices—came from a recognized CoinSpot wallet and into the wallet of the suspected hacker, according data from Etherscan.
Subsequently, the wallet address holder of the 1,262 ETH started a sequence of transactions. The owner of the wallet used Uniswap to exchange 450 ETH for 24 Wrapped Bitcoin (WBTC) in two different transactions.
