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Tether (USDT) $ 1.01
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USD Coin (USDC) $ 1.01
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Binance USD (BUSD) $ 1.01
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Monday, March 20, 2023
HomeCoinsEthereumWormhole exploiter strikes $46M value of stolen funds

Wormhole exploiter strikes $46M value of stolen funds

The Wormhole Community exploiter, who stole practically $325 million value of property over a 12 months in the past, has been busy over the weekend. The hacker, who moved $150 million value of stolen property in January, shuffled extra funds on Feb. 12, in accordance with PeckShield.

The Wormhole attacker equipped $46 million value of property to MakerDAO to obtain 16.6 million DAI tokens. The property moved to MakerDAO included 24,400 Lido wrapped staked ETH (wstETH) value $41.4 million and three,000 Rocket Pool ETH value $5 million.

The attacker then used the funds to purchase 9,752.24 ETH on the worth of $1,537 per ETH, spending a complete of round $14.9 million. The exploiter spent one other $1.5 million to purchase 1,036 staked ETH(stETH). In accordance with PeckShield, the hacker wrapped the bought Ethereum tokens to get round 9,700 wstETH.

The Wormhole exploiter additionally equipped $15 million value of wstETH to MakerDAO.

BitcoinMasterNews

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