Cryptocurrency exchange site FixedFloat was hacked and lost around $26 million worth of bitcoin (BTC) and cryptocurrencies. The platform's own development team confirmed the fact on social networks and assured that they are working to discover the vulnerability that led to the theft.

«We confirm that there was indeed a hack and theft of funds. We are not yet ready to make public comments on this matter as we are working to eliminate all possible vulnerabilities, improve security, and investigate. Our service will be available again soon,” says Fixed Float's statement on the X social network.

According to security firm BlockFence, the Bitcoin address used for the theft is bc1q2skp47p9f5mr4n4m27k66v0l68gh3xdd7ad4e5. There you can see that the stolen figure corresponds to 409 BTC.

Meanwhile, the Ethereum address is 0x85c4fF99bF0eCb24e02921b0D4b5d336523Fa085. The address's on-chain information shows a large number of outgoing transactions to multiple addresses , some of them for values ​​of up to 200 ETH. CertiK Alert confirms that ETH funds were moved through eXch, another automated cryptocurrency exchange.

According to screenshots shown by social media users, Fixed Float reportedly reported having "minor technical problems" that forced the site to be put into "maintenance mode." This is how they responded to a user who did not see his transactions completed on the platform, which allows the direct exchange of a wide variety of cryptocurrencies. Also, the FixedFfloat website indicates that they are under maintenance.