South Korean cryptocurrency exchange Coinrail reported on Sunday that its platform was hacked with theft of NPXS token from the Pundi X project, ATC from Aston, NPER project’s token NPER and a host of other Ethereum-based virtual tokens at the event.
In a statement on its website, Coinrail said that there is a system check because of a cyber intrusion in their system. It confirmed that 70% of the coin rail total coin / token reserves have been confirmed to be safely stored and moved to a cold wallet and are in storage. Furthermore, the two-thirds of the coins confirmed that have been leaked are being recovered by freezing / recalling through consultation with each coach and related exchanges.
In the statement from the exchange, it also said that it is fully cooperating with a police investigation into the hacking and that trading has been suspended until further notice.
A blog post published by Pundi X on Sunday suggested that the alleged hacker may have stolen 1,927 ETH, 2.6 billion NPXS, 93 million ATX, 831 million DENT coins as well as six other alt-coins also in significant amounts.
The assets worth has dropped from $40 million to $30 million post hack, according to data from CoinMarketCap.
Data from Etherscan.io shows the alleged hacker might have tried to sell some 26 million NPXS tokens at IDEX, a decentralized ethereum asset exchange, right after it received 2.6 billion of the same from another address. Both the addresses have been now flagged as Fake_Phishing1431 and Fake_Phishing1432.
Furthermore, Coinrail and Pundi X claimed that IDEX has frozen the assets sent from Fake_Phishing1432 upon investigation, as such the NPXS tokens are not liquidated.
The hacking attack on Coinrail comes after Japan’s cryptocurrency exchange Coincheck was hacked earlier this year in a high-profile theft of its digital currency.