PeckShield shared reports of hackers stealing $4.8M from the world’s safest exchange, ZB.com

SNEAK PEEK

  • PeckShield reported $4.8 million in crypto moved from ZB.com.
  • 21 tokens were compromised during the hack, including, Tether (USDT), Shiba Inu (SHIB), and Tesra (TSR).
  • Also, earlier this week, Nomad token bridge got $200 million worth of crypto stolen by the hackers.

One prominent blockchain security company, PeckShield, recently reported that $4.8 million in crypto was moved from ZB.com amid the exchange announcing the suspension of withdrawals. 

In a recent revelation over the official Twitter account on Wednesday, according to PeckShield, hackers might be liable for removing 21 different token types from the exchange starting on Monday. These tokens included Tether (USDT), Shiba Inu (SHIB), and Tesra (TSR). 

As per the PeckShield reports, the funds were valued at roughly $4.8 million during the time of publication.  

As the suspected hack followed, on Tuesday, in counter to the sudden failure of a few of the core applications, ZB.com announced the suspension of the deposits and withdrawals.

Adding further, the exchange also advised the users not to deposit any kind of digital currency until the recovery was made. Most of the crypto users were affected by a few recent multimillion-dollar hacks.

In June, Horizon Bridge, a cross-chain bridge that allows token transfers between the Harmony blockchain and other networks, got removed $100 million by an exploit. 

Adding to the trail, earlier this week, it was reported that the Nomad token bridge got $200 million worth of crypto stolen by the hackers. 

Few crypto users on Wednesday over Twitter reported that hackers captured access to their funds by attacking Solana (SOL) wallets. The current situation is also the same at the time of the publication. Solana Status Twitter account has reported that 7767 wallets of mobile and browser extensions were affected on 5:00 am UTC.

It was founded in 2013 under the name of CHBTC.com, as per its website,ZB.com, which is among the top and world’s most secure digital asset exchanges. Previously headquartered in China, the company dangled its operations in the country in September 2017 due to local lawmakers’ ban on crypto exchanges.