Eterbase is a Slovakian crypto exchange that got hacked in 2020, and as a result, lost a lot of funds. In September 2020, Eterbase released a statement on Telegram stating that six of its hot wallets were stolen and drained of a variety of different cryptocurrencies. As a result of this malicious hack, nearly $5.4 million worth of cryptocurrency was stolen.

The majority of cryptocurrency stolen was Ether, and a formal investigation was initiated by the company. At a later stage, Eterbase tracked down the stolen funds to be traded in other rival exchanges. The company put out a formal request asking the company to freeze out the stolen funds so that the hackers can not cash out their loot easily.