“Some 417,348 ETH, VALUED AT APROXIMATELY $ 1 Billion Remain Traceable On the Blockchain After Being Moved Using Privacy-Focused Thorchain.”, – WRITE: www.coindesk.com
“This and the Coming Week is Critical for Fund Freezing as the Funds Will Start to Clear at Exchanges, OTC and P2P,“ Zhou Said, Referring to The Hackers’ Efforts of Launding The Money.
Some 417,348 Ether (ETH), ValUED AT APPROXIMATELY $ 1 Billion Remain Traceable On the Blockchain After Being Moved Using Privacy-Focused Thorchain. Another 20% of the Funds, Roughly 79.655 Eth or 200 Million, Hve “Gone Dark” Through Exch.
A SMALLER PORTION, 40,233 ETH OR $ 100 Million, Had Passed Through Okx’s Web3 Proxy, But 23.553 ETH, WORTH $ 65 Million, Remain Untraceable.
Zhou Said the Hackers Convertred 83% of the Stolen Eth – 361.255 ETH; OR $ 900 Million – Into BTC, Distributing IT Across 6.954 Wallets, With An Average of 1.71 BTC per Wallet USING TORCHAIN.
Thorchain was profit $ 4.66 Billion in Swaps in the Week Ending March 2, The Highest Tally on Record, Accounting To Data Source Defillama – Making It Over $ 5.5 Million in Fees From.
North Korean Hacing Group Lazarus Targeted Bybit in Late February by Injecting Malicious Code Into Safwallet, A Third-Party Wallet Platform
The Attackers Compromised A Developer’s Device, Enabling Them to Manipulate A Routine Wallet Transfer and Siphon Off Nearly $ 1.5 Billion in Eth.
Bybit Fully Returned to A 1: 1 Backing of Client Assets Days After The Attack, As Coindesk Previoously Reported. Address Activity Suggests More Than $ 400 Million Were Purchased Through Over-The-Counter Trading, With Another $ 300 Million Brough Directly from Excchanges.
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