Hackers might be responsible for removing $4.8M from crypto exchange ZB.com: PeckShield

Hackers might be responsible for removing $4.8M from crypto exchange ZB.com: PeckShield


Blockchain investigator PeckShield has reported roughly $4.8 million in crypto moved from ZB.com amid the exchange announcing the suspension of withdrawals.

In a Wednesday tweet, PeckShield speculated that hackers might be responsible for transferring 21 types of tokens off of the exchange starting on Monday, including Tether (USDT), Shiba Inu (SHIB), and Tesra (TSR). According to the blockchain investigator, the funds totaled roughly $4.8 million at the time of publication.

The total funds being transferred out from @ZBexchange are ~$4.8M and here is the detailed breakdown of tokens: https://t.co/uMpkvxtOAo pic.twitter.com/xo373Zyge1

— PeckShield Inc. (@peckshield) August 3, 2022

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The suspected hack followed ZB.com announcing the suspension of deposits and withdrawals on Tuesday in response to the “sudden failure of some core applications.” The exchange warned users not to “deposit any

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