According to Foresight News, a suspicious transaction occurred in the hot wallet on the Ethereum chain of the crypto trading platform FixedFloat, and $2.8 million was withdrawn. Funds were directed to a suspicious address, which exchanged the assets for ETH via a DEX and funneled all funds to the eXch exchange. Currently, the FixedFloat hot wallet has ceased operations and the company website is undergoing maintenance.

Previously, FixedFloat was attacked by hackers on February 16, 2024, resulting in a loss of US$26 million due to access control issues.