An unknown person stole more than $400,000 in Stellar Lumen tokens

An unknown person stole more than $400,000 in Stellar Lumen tokens

One of the BlackWallet electronic wallets was hacked. The EtherDelta exchange suffered a similar hack last year, but slightly less was stolen - $250,000 in Ethereum.

According to cybersecurity specialist Kevin Beaumont, the attacker hacked the server and forced it to work in such a way that all transactions that exceed 20 Stellar Lumen would go directly to his wallet. The hacker received 670,000 Stellar Lumen, which is approximately $400,000. 

Shortly after the tokens were stolen, the attacker began withdrawing money from the wallet. Cybersecurity experts cannot yet say exactly how this happened, and Reddit and Twitter users are already making theories. In their opinion, the attacker could contact the hosting provider and somehow gain access to the account. From there, he could transfer all the information to his website, created to steal funds. Despite the fact that the hosting may be to blame, the owner of BlackWallet himself made the scammer’s task easier by posting his project on GitHub. Anyone with minimal technical knowledge can copy its code and customize the copy for themselves, modifying it at their own discretion.

The creator of the BlackWallet website said in a recent message that the stolen funds were transferred to the account of the Bittirex crypto exchange. He tried to contact the exchange, however, it is still unknown whether he will be able to return the stolen goods. In his statement, he said: "I sincerely regret what happened and really hope that we can get the money back. I am negotiating with my hosting provider to find out as much information as possible about the hacker and finally understand the situation."



Unfortunately, as the price of cryptocurrency rises, so does the number of hacker attacks aimed at stealing tokens. We can only hope that crypto exchangers will be able to learn a lesson from such incidents and organize a high-quality protection system.



According to https://www.coindesk.com

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