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Solanas Wormhole Bridge Exploiter moves $ 155 million in ETH
Wormhole's hacker, one of the largest cross-chain bridges between Solana and other blockchains, has postponed stolen ETH money worth $ 155 million to a decentralized stock exchange for the first time. Blockchain data of the analysis platform Certik uncovered that 95,630 ETH were sent to the Openocean Dex before they were converted into ETH-bound assets such as Lido Finances Stacked ETH (Steth) and Wrapped Stacked (Wsteth). The exploitor uses the packaged ether (WSteth) as security for the recording of a $ 13 million loan in the StableCoin DAI to buy almost 7,989.5 ETH via Kybernetwor. The trades were repeated several times. After the sudden increase in ...
Solanas Wormhole Bridge Exploiter moves $ 155 million in ETH
The hacker of Wormhole, one of the largest cross-chain bridges between Solana and other blockchains, has postponed stolen ETH money worth $ 155 million to a decentralized stock exchange for the first time in months.
Blockchain data of the analysis platform Certik Das 95.630 ETH to the OpenOcean dex were sent before they were converted into ETH-bound assets such as Lido Finances Stacked ETH (Steth) and Wrapped Stacked (Wsteth).
- The exploiter used as security for the admission of one 13 million dollar loans in the StableCoin Dai to buy almost 7,989.5 ETH via Kybernetwor. The trades have been repeated several times.
- After the sudden increase in on-chain activity, the Wormhole team again offered the hacker a bounty of $ 10 million in a embedded message in a transaction about the Wormhole: Deployer, which was:
"We would like to repeat our prior offer of a bonus of $ 10 million for the total repayment of all stolen funds.
- With the renewed activity, a cyber security company, Ancilla, started one Warning that many of the Google ads for the keyword "Wormhole Bridge" are actually phishing websites.
- The Wormhole Exploit was one of the largest hacks in 2022. The hacker used a weak point in the validation system of the popular cross-chain protocol and enabled them to generate in a fraudulent way packed ETH, which was then used to convert into ETH.
- In a series of transactions, the hacker made itself with almost 120,000 Wormhole Ethereum (Weeth) worth over $ 320 million.
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