News has come in from Singapore detailing one of the local cryptocurrency exchange’s experiences with a recent hack attack. The attack happened on the 26th of June and caused the exchange to lose a little more than $4.5 million from its hot wallet. The stolen funds were all in XRP and ADA, in more detail around 9.3 million XRP and 2.5 million ADA were stolen. By yesterday’s prices, the total amount stolen is equivalent to $4.5 million for XRP and $250,000 for the ADA. The exchange has already announced that the hackers managed to breach their security systems when the
