EXMO hack: Suspicious withdrawals from hot wallets of the exchange service

From en.secnews.gr

EXMO hack

The British cryptocurrency exchange service EXMO revealed that some unknown assailants withdrew almost 5% of all “assets” , after violating its hot wallets (hack).

Hot wallets are connected to the Internet and are used by services exchange for temporary storage of money, for current transactions and transfers. In contrast, cold wallets (also known as offline or hardware wallets) are not connected to the internet.

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