CryptoHashTank Shared Masternode Service Hacked
In an announcement at 14:13 UST on 17 March 2019, the shared masternode service cryptohashtank (CHT) confirmed they had been the victim of a hack.
We must inform you that several coins have been identified as being compromised and funds moved to unknown addresses. While we are still investigating and determining the entire scope of the hack, here are the currently known coins:
ZTA, MERI, DKPC, MCT, MNPRO, P2P, GIN, MOBI, EVOS, FLEX, FTON, SINS, GRINC, Xnella, WCF, MCPC, MARC, LGS, FILOK and PRX
Whilst no further details have been provided at this time as to what vulnerabilities had been identified resulting in the loss of investor funds, unconfirmed speculation in the main discord channel for the platform is that lost assets were held by CHT on a VPS rather than stored locally or in cold wallets. The CHT team are however still investigating the breach and have not yet confirmed how the losses occurred. Any coins not affected have been moved to new wallets.
A significant drop in prices has been seen on Cryptobridge since the hack, indicating many of the stolen assets were immediately dumped on the market. This has seen some of the affected projects losing a quarter of their spot-price value in a matter of hours.
We are hard at work moving things around and increasing our security for the platform and wallets. Once that is down we will start spinning up the nodes. We will also be looking at reduced or 0 fees to compensate and other options also. We are working hard in the background please be patient… No withdrawals can be processed for the coins affected obviously
The CHT team have advised they will endeavour to recover the lost funds and use all resources at their disposal to indemnify investors for their loss. During investigations by the CHT Team and the community, wallets which were likely to be holding the stolen coins were identified. Cryptobridge were contacted in the hope they may be able assist in securing the stolen funds and tracing the hacker(s) responsible however the exchange has apparently refused to freeze any wallets without a Court Order.
The CHT team have formally notified law enforcement of the theft and it is hoped there will be further co-operation from Cryptobridge over the coming working days.