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FixedFloat Denies $26m Hack Role, Vows to Pay Pending Orders

Debunking Rumors, Promising Payouts, and Fortifying Security Ah, the wild world of crypto exchanges! Just when you think you’ve seen it all, along comes another twist in the tale. Today, we’re diving deep into the recent commotion surrounding FixedFloat and their alleged $26 million hack. Buckle up, because this story is a rollercoaster ride of […]

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Debunking Rumors, Promising Payouts, and Fortifying Security

Ah, the wild world of crypto exchanges! Just when you think you’ve seen it all, along comes another twist in the tale. Today, we’re diving deep into the recent commotion surrounding FixedFloat and their alleged $26 million hack. Buckle up, because this story is a rollercoaster ride of intrigue and reassurance.

Exploring the External Attack

So, what’s the deal with FixedFloat and this hefty hack, you ask? Well, let’s set the record straight. Contrary to swirling rumors, FixedFloat wants you to know they weren’t the culprits. Nope, this wasn’t an inside job; it was an external attack of cunning proportions. We got in touch with the folks at FixedFloat, and they spilled the beans on how vulnerabilities and a touch of lax security paved the way for this unwanted intrusion.

Active Defense and Promises Made

But fear not, fellow crypto enthusiasts! Despite the chaos, FixedFloat assures us that user funds remain untouched. Phew! Turns out, this exchange is non-custodial, meaning your precious coins are safe and snug. However, there’s a catch. The hack threw a spanner in the works, delaying payouts for 30 pending orders. Fear not, though, as FixedFloat is on the case, pledging to settle these transactions pronto once normalcy is restored.

Navigating the Aftermath

Picture this: a whirlwind of accusations swirling around social media, fingers pointed at FixedFloat’s own developers. But hold your horses, internet sleuths! FixedFloat vehemently denies these allegations, setting the record straight in a candid chat with crypto.news. Phew, crisis averted… or is it?

Addressing Criticisms

Now, let’s talk about the elephant in the room: the delay in reporting. Yes, FixedFloat faced some heat for not shouting about the hack from the rooftops the moment it went down. But hey, hindsight is 20/20, right? The team explains that their priority was plugging the holes and stemming the tide of losses. Going public too soon? That would’ve been like ringing the dinner bell for other cyber baddies.

Looking Towards the Future

So, what’s next for FixedFloat? Well, they’re rolling up their sleeves and getting back to business. With operations set to resume in full swing soon, the exchange is gearing up to drop a comprehensive report once they’ve dusted off their detective hats and wrapped up their investigation.

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