Stobox Hacked: STBU drops by 96%

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Hackers targeted StoboxCompany, a digital asset service provider. According to its official, its private key has been leaked, and its Token has dropped by 96.93%.

Stobox Hacked: Stbu Drops By 96%
Stobox Hacked: STBU drops by 96%

Stobox Exchange an award-winning company that provides technology and consulting to help clients leverage digital assets and tokenized securities.

StoboxToken’s deployer address has been hacked, according to StoboxCompany. All reserve money has been stolen or liquidated because the deployer addresses of ETH and BSC are the same. Users are urged to halt purchasing and selling, and the STBU snapshot will be restored to the last transaction before the hack.

Peckshield, a blockchain security and data analytics company, reported that the company’s private key has been compromised, issuing a warning tweet.

                           “! Stay *AWAY* from it.”

A private key is a secret number, similar to a password used in cryptography. A private key is an essential component of bitcoin and other cryptocurrencies, and its security features help protect users against identity theft and illegal access to their cash.

Earlier last year, BitMart CEO Sheldon Xia recently exposed a similar hack in which hackers stole $196 million in cryptocurrency from the crypto exchange.

Here are the company’s next steps:

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Aadrika Sharma
Aadrika Sharma

I enjoy writing and try to learn new things every passing day!

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