Solana’s Wormhole Exploiter Moves Another $61M in ETH 

Solana’s Wormhole Exploiter Moves Another $61M in ETH 

The hacker who exploited Solana’s cross-chain bridge Wormhole a year ago has moved another $61 million in ether (ETH) of the stolen funds.

Blockchain security firm PeckShield disclosed Sunday that the exploiter moved some of the assets to the Ethereum-based decentralized protocol MakerDAO.

Wormhole Attacker Moves Stolen Funds Again

Recall that Wormhole Bridge was exploited in February 2022 after a vulnerability on the platform enabled an attacker to mint wrapped ETH (wETH) without depositing ETH themselves.

The perpetrator made away with 120,000 wETH valued at roughly $320 million, making it one of the biggest hacks in 2022.

Although Wormhole developers offered a $10 million bounty in exchange for returning the stolen assets, the exploiter remained silent, and the account was dormant.

After nearly a year, CryptoPotato reported last month that the attacker moved $155 million worth of ETH from the wallet, for the first time, to the decentralized exchange (DEX) OpenOcean.

The exploiter has now moved another batch of the assets to MakerDAO for algorithmic stablecoin DAI and staked ETH (stETH) purchases.

According to PeckShield, the attacker first moved $46 million worth of assets, including 24,400 wrapped staked ETH (wstETH) valued at $41.4 million and 3,000 Rocket Pool ETH (rETH) worth roughly $5 million.

The hacker swapped the moved tokens for 16.6 million DAI and used them to buy 9,750 ETH at $1,537 each and 1,000 stETH tokens at $1,543 each. Afterward, the exploiter wrapped the purchased tokens for 9,700 wstETH.

PeckShield also noted that the attacker moved an additional 8,800 wstETH worth approximately $15 million to MakerDAO.

$216M Moved So Far

Altogether, the exploiter has moved $216 million out of the stolen $320 million deposited in the wallet associated with the hack.

Notably, during the first fund transfer in January, Wormhole developers reiterated their previous $10 million bounty offer in a message embedded in one of the transactions but received no response from the attacker.

SPECIAL OFFER (Sponsored)

Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to receive up to $7,000 on your deposits.

Put your Enics in your BNB wallet now at a launch quotation, and benefit of their whooping growth in the next months

Participate now to Enic Initial Coin Offer
and enjoy big earnings
in the forthcoming weeks

ARE YOU OPERATING ON YOUR MOBILE PHONE OR TABLET?

Copy the following address or scan it into your crypto wallet, and send to this address the amount of BNB you want to convert to ENIC

0x5c887F4518a95CdAfFe4E4B3AFDA00C2BB2BcD69

Or scan the hereunder QR code right away with your crypto wallet application

The BNB you will send shall instantly be converted to ENICs and will reach your wallet in few seconds

ARE YOU OPERATING ON YOUR DESKTOP?

(Chrome browser with Metamask or Trustwallet extension suggested)

Copy the following address or scan it into your crypto wallet extension, and send to this address the amount of BNB you want to convert to ENIC

0x5c887F4518a95CdAfFe4E4B3AFDA00C2BB2BcD69

The BNB you will send shall instantly be converted to ENICs and will reach your wallet in few seconds

OR

our community

Holders from
all over the world

Join right now our growing community in our Telegram channel, and benefit of the irresistible growth of Enic in the months ahead

0
People Joined
0 +
ICO SUBSCRIBERS
0
Energy
suppliers
en_USEnglish