Another day, another cryptocurrency heist. Hackers have breached over 100 Ripple XRP<\/a> (XRP) Ledger wallets managed by service provider GateHub. If that wasn\u2019t bad enough, additional reports suggest the attackers have siphoned off more than $10 million worth of XRP.<\/p>\n \u201cRecently, we have been notified by our customers and community members about funds on their XRP Ledger wallets being stolen and immediately started monitoring network activity, and conducted an extensive internal investigation,\u201d wrote<\/a> GateHub chief\u00a0Enej Pungercar. Unfortunately, the company has yet to identify what caused the issue.<\/span><\/p>\n GateHub say it\u2019s in the process of reviewing the suspicious activity, but no official conclusions have been posted at the time of writing.<\/p>\n \u201cAt the moment we estimate that approximately 100 XRP Ledger wallets were compromised,\u201d Pungercar added. \u201cSo far it looks like all the victims had their XRP Ledger wallets hosted on GateHub, but we cannot yet rule out that some wallets were not.\u201d<\/span><\/p>\n XRP enthusiast\u00a0Thomas Silkj\u00e6r, who first noticed the suspicious activity, estimates<\/a> that the hackers have thieved nearly $10 million worth of cryptocurrency (23,200,000XRP), $5.5 million (13,100,000XRP) of which\u00a0 has \u201calready been laundered through exchanges and mixer services.\u201d<\/p>\n Among other services, the attackers relied on Binance, Changelly, KuCoin, Huobi, and HitBTC to convert the funds.<\/p>\n In the meantime, GateHub says it has emailed all users possibly affected by the theft with instructions how to protect their funds<\/a>. \u201cIf you have not received an email from us, then we have no reason to believe your account was compromised,\u201d the company added.<\/p>\n \n Published June 7, 2019 \u2014 10:11 UTC\n <\/p>\n<\/p><\/div>\n![\"\"](\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2019\/06\/1_U-wrmcC5oU5zzssxHvNJ9g.png\")
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