LiveCoin hack consequences and follow-up

Livecoin hack consequences and follow-up

We still have not received any answers from Livecoin and at the moment we will proceed from the saddest scenario, that the exchange does not have access to its wallets or ETT tokens. We strongly recommend contacting the administration of the exchange on your own, and only then act according to the circumstances.

Currently, the situation forces us to postpone listing on other exchanges, as it may lead to an immediate attempt by the attackers to sell criminally obtained ETT tokens. We are already developing a number of measures to continue our work. We have snapshots of the blockchain at the time of the hack and we continue to monitor the stolen assets.

By the end of April, we will present a detailed action plan that will allow us to continue listing $ ETT on reliable platforms, but priority will be given to decentralized ones. It is already clear that coordinated actions will be required from all holders of ETT tokens. There is a high probability of re-distribution of tokens, so we recommend that you withdraw all funds from exchanges and wallets, unsupported ERC-20 and others.

Be patient. Thank you for your support everybody, to all involved in the project, and to all who keep supporting us.

Your EncryptoTel team.

--

--

--

Secure VoIP and B2B blockchain communication infrastructure https://encryptotel.com

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Who wins Mitre Att&ck APT 29 evaluation?

Before using the S-Wallet services, you have to deposit units of Virtual Currency or Fiat Currency…

{UPDATE} Escape Lost House Hack Free Resources Generator

{UPDATE} Tankr.io-Tank Realtime Battle Hack Free Resources Generator

How Can Crypto Recovery Services Help You to Rescue Your Cryptocurrencies?

How Wallets Recovery Services help us

What’s the Difference between Credit Lock and Credit Freeze?

Ten ways to infuse security into your software development life cycle

Find and Lock your Lost Mac’s Data

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
EncryptoTel

EncryptoTel

Secure VoIP and B2B blockchain communication infrastructure https://encryptotel.com

More from Medium

What is interoperability in blockchain?

What is interoperability in blockchain?

Dolphinu ERC-20

Welcome to Grimace Swap

The Crypto Vigor: Understanding The Virgo's DAG-Based Transaction Ledger System.