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Home Incidents

Wormhole hacker moves $46 million of stolen funds

February 14, 2023
Reading Time: 1 min read
in Incidents

 

The stolen crypto from one of the industry’s largest exploits is on the move once more, with on-chain data revealing that another $46 million in stolen funds has just been transferred from the hacker’s wallet.

Wormhole’s token bridge was exploited in February 2022, resulting in the third-largest crypto hack last year. Wrapped ETH (wETH) worth approximately $321 million was stolen in the attack.

According to blockchain security firm PeckShield, the hacker’s associated wallet has again gotten active, transferring $46 million in cryptocurrency.

This consisted of approximately 24,400 Lido Finance-wrapped Ethereum staking token (wstETH) worth around $41.4 million and 3,000 Rocket Pool Ethereum staking token (rETH) worth around $5 million that was transferred to MakerDAO.

 

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Tags: CryptocurrenciesEthereumFebruary 2023incidentsIncidents 2023WormholeWrapped ETH
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