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FixedFloat, the main non-custodial automated exchanger, is happy to announce its return to enterprise following a current cyber assault. The corporate extends heartfelt appreciation to its loyal customers for his or her unwavering assist throughout this difficult interval.
“We need to thanks, our expensive customers, for the assist that you’ve got given us throughout this troublesome interval in our historical past,” mentioned a spokesperson for FixedFloat. “Your religion in us is valued above all else, and your messages of assist have been felt by each member of our group.”
Throughout the evening of February 16-17, our system skilled a safety breach. This exterior assault was facilitated by vulnerabilities inside our safety infrastructure, compromising sure features of our service. Regrettably, $26.1 million was stolen as a consequence of this breach.
We selected to not instantly disclose the hack as our main goal was to make sure safety and decrease losses. As an alternative, we prioritized addressing the vulnerabilities and fortifying our general safety measures whereas totally investigating the incident.
Given the continued investigation, we’re solely capable of share restricted particulars at the moment. Nevertheless, we’re actively collaborating with regulation enforcement businesses, blockchain forensics companies, and crypto exchanges to facilitate the investigation course of. We intend to supply a complete report upon the conclusion of the investigation.
Regardless of the safety breach, it is very important reassure our customers that their funds stay safe. FixedFloat operates as a non-custodial service, which means we don’t retailer person funds. Consequently, our customers’ funds are unaffected by the current hack; solely our service and liquidity have suffered losses.
Upon discovering the hacking incident, we promptly shut down the service to mitigate additional dangers. This motion briefly halted over 30 person orders. Nevertheless, we’re happy to announce that each one orders have now been efficiently accomplished.
FixedFloat stays dedicated to fulfilling all obligations to our customers. We guarantee you that any orders interrupted as a result of service outage have been processed and accomplished. We recognize your persistence and understanding throughout this difficult time and stay devoted to offering a safe and dependable platform for crypto change.
Moreover, our technical group is actively conducting complete safety checks to fortify our service infrastructure. Whereas we’re dedicated to enhancing our safety measures, we chorus from disclosing particular particulars relating to the configuration of our safety mechanisms.
Moreover, FixedFloat has efficiently transitioned to the brand new ff.io area, which has been within the works for a while. This transition represents the fruits of intensive technical efforts to replace and enhance our service.
Debunking Pretend Stories
In the meantime, we want to handle inaccuracies which have surfaced in numerous articles by journalists and information companies relating to FixedFloat and the current hack. It is very important make clear that FixedFloat will not be a cryptocurrency mixer. As an alternative, we facilitate fund transfers solely from our public addresses as a non-custodial centralized crypto change service.
Moreover, we vehemently refute baseless claims suggesting {that a} majority of funds despatched to FixedFloat originate from prison sources. We’re staunchly dedicated to combating cash laundering and cybercrime throughout the crypto group, and we actively oppose any type of prison exercise that undermines the trade’s integrity.
FixedFloat is ready to supply official feedback and clarifications relating to our actions and the current hacking incident. We welcome open dialogue and cooperation with journalists to make sure correct reporting and forestall the dissemination of false data.
As of now, FixedFloat has resumed operations, providing change companies for 23 currencies and tokens. Our technical group and builders are working diligently to revive the service totally, and we anticipate attaining complete operational capability within the coming days. We recognize the continued assist and understanding of our valued customers throughout this difficult time.
About FixedFloat
FixedFloat was launched in 2018 by a bunch of cryptocurrency fans and blockchain consultants with intensive expertise in entrepreneurship, internet know-how, and finance. By way of sensible and scalable options that make the cryptocurrency economic system work for customers, FixedFloat simplifies the method of exchanging cryptocurrencies.
The platform permits customers to decide on between fastened or floating change charges that match their investing technique. FixedFloat boasts quick processing, strong design, and pleasant, devoted buyer assist, amongst others to supply a best-in-class change that meets all of the wants of the cryptocurrency group.
To get extra data, customers can go to the FixedFloat web site, or comply with its social media accounts on Twitter, Telegram, and Instagram
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