FixedFloat, a decentralized cryptocurrency exchange known for its automated platform that facilitates crypto swaps without the need for user registration or Know Your Customer (KYC) verifications, has been rocked by a significant exploitation, resulting in losses estimated at $26 million worth of Bitcoin and Ether. The breach was detected through meticulous analysis of on-chain data. Confirmation of the attack came swiftly from the exchange's team, who responded shortly after reports surfaced on X (formerly Twitter). Initially, the team attributed the sudden outflows to "minor technical issues" and promptly shifted ... (full story)