Fixedfloat hacked and funds lost - plus Binance launches Pixel

The crypto space is usually one that is ever busy. Its difficult to keep up, but some important events should not be missed such as a significant breach in a network that resulted in massive loss of digital assets. Lets start this story with the hack that happened few days back and the result.

Fixedfloat hack and other breaches.

There was a massive hacking incident that happened on Fixedfloat, a crypto exchange platform. The breach involves customer funds and a massive amount of ETH and BTC was stolen from various funds and already being moved to a different wallet in another exchange. According to the report from PeckShieldAlert, a total of 409 BTC and 1,728 BTC was stolen and is being moved.

The technical team from Fixedfloat have already initiated the process of recovering from the breach. Whether they will be able to recover the funds is yet another issue. When you visit the fixedfloat website, you will see a message of technical work being done on the platform. Users are told to contact the team via chat. On their X page, fixedfloat has acknowledged the hack and are ready to take questions from the public.

On a very separate incident, PeckShieldAlert also reported another breach in which the victim lost a lot of money. On this particular phishing incident, the victim lost a whopping sum of money in excess of $47,000. The token involved is Hold.

These hacking incidents continue to happen in the ever evolving crypto space. The security of funds and data in the crypto space is always a burning issue. Users should Always stay ahead of security trends when they take steps to protect their assets from such phishing attacks.

Binance launches Pixel

Today, Binance just launched a brand new coin called PIXEL on its exchange platform. The coin has been actively farmed on the launchpool for 10 days. Users that participated in the farming event staked either BNB or FDUSD and received airdrops of PIXEL. After the 10 day farming period, the coin was successfully launched on Binance.

After the launching, the coin became immediately available for trading on the spot markets. It was paired with USDT and BTC. The listing prize for PIXELS was $0.52, but is subsequently dropped to $0.51 as at the time of writing.

Binance has also added PIXELs to its various markets not just the spot markets. Users on the platform are now free to trade PIXELS on futures, margin and other products such as Simple earn.

The launching of Pixels has been long anticipated especially with the launchpool farming that preceeded it 10 days ago. The coin price continues to flunctuate as users speculate on the price of the asset, with some also dumping their tokens immediately in the spot market. The future price of this token remains uncertain, but will be actively watched by crypto enthusiasts on the Binance platform.

Thumbnail from pixabay

Posted Using InLeo Alpha