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ZB exchange wallets moved $4.8 million; experts do not rule out a hack

ZB exchange wallets moved $4.8 million; experts do not rule out a hack

Against the backdrop of the announcement to suspend deposits and withdrawals from ZB’s wallets, digital assets worth $4.8 million were moved, PeckShield analysts said.

According to Etherscan, the funds are being transferred to addresses of various decentralized platforms. The service marked several wallets as “involved in the ZB breach.” CertiK specialists also reported on the hacker attack. The company itself did not confirm or deny this information.

On August 2, the crypto exchange suspended deposits and withdrawals. The team cited a “glitch in the operation of several key applications”.

Founded in 2013, ZB describes itself as “the safest digital asset exchange in the world”. The platform ranks 49th in CoinGecko’s exchange rankings, with daily trading volume around $1 billion.

Earlier in August, unknown gained access to funds belonging to Solana-based wallet owners, stealing millions of dollars.

The project team linked the large hack to the operator of the Slope app.

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