Amid the troubles crypto exchanges are facing in 2023, another centralized crypto exchange “Remitano” has fallen victim to a hack, losing close to $2.7 million worth of digital currencies on Thursday, September 14, 2023.
Tether’s Intervention Prevented Further Loses
The alleged hack of the Seychelles-based centralized exchange occurred at approximately 12:45 PM on Thursday when one of the exchanges’s hot wallets started sending funds to an unknown address with no transaction history.
Blockchain analytics firm Cyvers detected these suspicious transactions and took to X to alert the crypto community of the incident.
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A total of $2.7 million worth of digital assets was sent to the attacker’s address, which includes $1.4 million worth of Tether USDT, $208,000 worth of USD Coin (USDC), and $2,000 worth of Ankr tokens.
However, Tether impressively took matters into their own hands by freezing the
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