Share this article
Bitcoin Lightning Exchange FixedFloat Sees 'Suspicious' Transfers of $3M to Ethereum, Tron
The website was down for “technical work” as of early European afternoon hours Tuesday.
Updated Apr 2, 2024, 12:11 p.m. Published Apr 2, 2024, 12:09 p.m.
“Suspicious” transactions totaling over $3 million were sent out of Bitcoin Lightning-based exchange FixedFloat in the past 24 hours, security firm CertiK told CoinDesk in an email.
CertiK said funds were moved in ether and tether to wallets on the Ethereum and Tron networks, respectively. CertiK described the activity as an "exploit" in the email.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
“Approximately $2 million of the funds were deposited in eXch, similar behavior to the FixedFloat incident on 16 Feb, with another $100k USDT deposited to a binance wallet on Tron,” the firm said.
FixedFloat's website is down for “technical work” as of early European afternoon hours on Tuesday. Social media accounts haven’t commented on the withdrawals and FixedFloat’s last post on X is dated March 31.
FixedFloat is a fully automated service for exchanging cryptocurrencies and tokens and is based on Bitcoin Lightning, a network atop the main Bitcoin blockchain that uses micropayment channels for faster and cheaper transactions.
A support representative on FixedFloat confirmed to CoinDesk that the exchange had faced a technical error. They did not comment on the suspicious transfer activity.
“We had some minor technical problems and we switched our service to the technical work mode. The recovery time is still unknown,” the support staff said via a live chat.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Asia Morning Briefing: BTC Steadies Around 90k With Liquidity Drained and a Fed Cut Fully Priced In
QCP notes participation has collapsed while Polymarket sees a shallow easing path, putting the focus on guidance and cross central bank signals.
What to know:
- Bitcoin remains around $90,000 as thin year-end liquidity leads to volatility and range-bound trading.
- Traders expect a shallow easing path from the Fed, with more focus on guidance than the anticipated rate cut.
- Global market movements are influenced by diverging central bank policies and macroeconomic signals.
Top Stories
