Deribit hackers move stolen ETH to this service because...
‘s hot wallet, the perpetrators of this hack moved a portion of the stolen funds into Tornado Cash, the Ethereum mixer service.on its hot wallet on 2 November. The actual hack was carried out late on 1 November, where the hackers made away with $28 million in BTC, ETH, and USDC.
Deribit made it clear that only its hot wallet was affected by the hack, not the cold wallet. The exchange further offered to reimburse any losses faced by its customers.Our hot wallet was hacked for USD 28m earlier this evening just before midnight UTC on 1 November 2022.Once the news of the hack rolled out, the platform immediately suspended all withdrawals.
The string of hacks and exploits continued into November, after several hundred million worth of cryptos were stolen last month.the perpetrators transferred 1610 ETH to the Ethereum mixer service. This transfer was spread across 17 different transactions, with all but one worth 100 ETH each.At the time of writing, the hacker’s wallet had 7501 ETH left, which was worth $11.8 million.
However, the ban was widely criticized by the crypto-community for being unjust and infringing upon the user’s right to privacy.Subscribe to get it daily in your inbox.
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Deribit hackers move stolen ETH to this service because…Barely a week after carrying out an exploit on Deribit‘s hot wallet, the perpetrators of this hack moved a portion of the stolen funds into Tornado Cash, the Ethereum mixer service. Decoding the Deribit hack Deribit, a Netherlands-based crypto-exchange, reported the exploit on its hot wallet on 2 November. The actual hack was carried out […]
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