Decentralized Exchange hacked, Bitcoin (BTC) and Monero (XMR) stolen!

The decentralized Exchange Bisq was hacked on Tuesday. Bitcoin (BTC) and Monero (XMR) worth around $ 250,000 were stolen.Bisq, a decentralized exchange (DEX), has been the victim of a hack. The crypto exchange team said today that three Bitcoin (BTC) and 4,000 Monero (XMR) had been stolen. In total, these coins are worth about $ 250,000. Seven users of the DEX are affected by the hack.

 

Hack through vulnerability in the log

Crypto exchanges can be roughly divided into two categories: centralized exchanges such as Binance or Bitfinex, in which the operators usually hold the private keys to the users’ coins, and decentralized exchanges, in which the traders control their private keys themselves.Bisq is a DEX that allows users to trade completely anonymously, which has become less common in times of increasingly strict anti-money laundering requirements. The hack affected the crypto exchange’s trade log, which was last updated in October 2019.