CryptoMediaClub
Friday, October 3, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

Remitano Exchange Reportedly Hacked for $2.7M with $1.4M Frozen by Tether

15.09.2023
A A
0
128
VIEWS
ShareShare

In a well-coordinated attack, Remitano Crypto Exchange allegedly suffered a major security breach, resulting in a loss of about $2.7 million across various cryptocurrencies.

This attack was picked up on the radar on Sept. 14, when major withdrawals and suspicious activities began to ripple across the exchange, raising the eyebrows of several blockchain analytics networks.

Remitano Exchange Hacked

Yesterday, Cyvers Alerts, a network focused on spotting and highlighting suspicious activities on blockchains, sounded an alarm about multiple unusual transactions involving the Remitano exchange.

Remitano is a popular peer-to-peer crypto exchange network that primarily caters to emerging markets like Pakistan, Kenya, Venezuela, Ghana, Cambodia, Nigeria, Malaysia, India, South Africa, and Vietnam.

Cyvers Alerts, the machine learning-driven system, discovered this alert at approximately 12:45 p.m. on Sept. 14, when a wallet owned by Remitano began making hefty crypto transfers, offloading about $2.7 million worth of digital assets.

Based on the released detailed analysis, the suspicious transactions comprised $1.4 million in Tether, $208,000 in USD Coin, and Ankr tokens valued at $2,000 at the time.

As per Cyver’s tweets, the suspected stolen amounts were immediately transferred to a newly minted address, 0x74530e81. Cyvers’ tweet also noted: “We contacted the team to halt any additional losses and initiate efforts to recover suspected stolen funds.”

Following the alarm on these transactions, Tether, a popular stablecoin issuer, froze the $1.4 million USDT, preventing the major share of the total assets from being completely lost.

Remitano has yet to respond to questions about the attack. As such, the details of all coins stolen remain private.

Are North Korean Hackers Back?

The attack brought a new wave of questions about the role of North Korean hackers in the suspicious activities. One user asked: “Is it done by North Koreans as well? Two exchanges got exploited within 1 week.”

According to reports, another crypto exchange network, CoinEX, was hacked and drained of $27 million just about a week ago. When writing this report, the amounts stolen from CoinEX had risen to about $55 million, including 231 BTC, 6,559 ETH, 137.128 million TRX, and more ERC-20 tokens.

Furthermore, a popular gambling site, Stake, suffered a similar hit, with the losses amounting to $41 million. The losses combined amount to over $95 million in barely a fortnight.

Earlier this month, CertiK disclosed that about $1 billion had been stolen via hacks from crypto projects since the dawn of the year.

SPECIAL OFFER (Sponsored) Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).
PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.

Share10Tweet6ShareSharePin2

Related Posts

US Government Shutdown Triggers Cryptocurrency Market Recovery: Bitcoin, Ethereum, and Ripple Prices Soar
All news

US Government Shutdown Triggers Cryptocurrency Market Recovery: Bitcoin, Ethereum, and Ripple Prices Soar

03.10.2025
0

With deep partisan divisions preventing Congress and the White House from reaching a funding agreement, the US government shut down...

Read moreDetails
Why Is Crypto Up Today? – October 3, 2025

Why Is Crypto Up Today? – October 3, 2025

03.10.2025
NY Senator Introduces Bill to Tax High-Consumption Crypto Miners in New York

NY Senator Introduces Bill to Tax High-Consumption Crypto Miners in New York

03.10.2025
Nomura Unit Eyes Wider Access To Crypto Trading In Japan: Report

Nomura Unit Eyes Wider Access To Crypto Trading In Japan: Report

03.10.2025
Bitcoin Breaks $120K As ‘Uptober’ Momentum Rises, Shutdown Fails To Stall Gains

Bitcoin Breaks $120K As ‘Uptober’ Momentum Rises, Shutdown Fails To Stall Gains

03.10.2025
Load More
Next Post
Cardano’s Project Catalyst: A Beacon of Innovation and Growth 

Cardano’s Project Catalyst: A Beacon of Innovation and Growth 

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Bitcoin Skyrockets to $34,000 Triggering $326 Million In Liquidations

2 years ago
ConsenSys Launches Linea Network To Boost Ethereum Scalability

ConsenSys Launches Linea Network To Boost Ethereum Scalability

2 years ago
Through pullback US Bitcoin ETFs buy 3.6 times daily issuance as inflows streak hits four days

Through pullback US Bitcoin ETFs buy 3.6 times daily issuance as inflows streak hits four days

1 month ago
UK tops crypto activity in Central, Northern and Western Europe: Chainalysis

UK tops crypto activity in Central, Northern and Western Europe: Chainalysis

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

NY Senator Introduces Bill to Tax High-Consumption Crypto Miners in New York

Nomura Unit Eyes Wider Access To Crypto Trading In Japan: Report

Bitcoin Breaks $120K As ‘Uptober’ Momentum Rises, Shutdown Fails To Stall Gains

Crypto Price Prediction Today October 2 – XRP, Pepe, Dogecoin

Will a Europe-US BTC reserve race actually happen?

XRP Price Prediction: SWIFT Partners With Ethereum Firm – Is Ripple Losing the Payments Race It Started?

Trending

Bitcoin above $120k: Here’s 3 data points bulls must watch next
Analysis

Bitcoin above $120k: Here’s 3 data points bulls must watch next

03.10.2025
0

Bitcoin price is back above $120,000, and the market has clean data to read instead of just...

US Government Shutdown Triggers Cryptocurrency Market Recovery: Bitcoin, Ethereum, and Ripple Prices Soar

US Government Shutdown Triggers Cryptocurrency Market Recovery: Bitcoin, Ethereum, and Ripple Prices Soar

03.10.2025
Why Is Crypto Up Today? – October 3, 2025

Why Is Crypto Up Today? – October 3, 2025

03.10.2025
NY Senator Introduces Bill to Tax High-Consumption Crypto Miners in New York

NY Senator Introduces Bill to Tax High-Consumption Crypto Miners in New York

03.10.2025
Nomura Unit Eyes Wider Access To Crypto Trading In Japan: Report

Nomura Unit Eyes Wider Access To Crypto Trading In Japan: Report

03.10.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz