Wormhole Attacker Moves $155 Million of Stolen Funds into Staked Ethereum (stETH)

The attacker behind the February 2022 Wormhole exploit has moved $155 million, converting the funds to staked Ether.

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Wormhole hacker moves $155M in biggest shift of stolen funds in months

Blockchain transaction history shows that the hacker transferred the funds onto a DEX and then went on to cycle funds around different DeFi protocols.

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Wormhole’s Parent Company, Jump Trading, Replaces the $320 Million Lost to Hack

On Wednesday, February 2, Wormhole - a bridge network between Solana, Ethereum, and other top DeFi chains reported the second-biggest hack in DeFi history

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Crypto Flipsider News – Jump Trading Refunds $320M Stolen in Hack, Hedera Mainnet Launch, BAYC Seeking A16Z Investment, Miami Earns $5.25M from Mining, Tezos and Baby Doge Partner with Football Clubs

Find out more about current events in the crypto space.

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Crypto Flipsider News – $320 Million Wormhole Hack, Grayscale Launches Equity ETF, IRS Won’t Tax Unsold Staking Reward, Texas Miner Shuts Down, Binance Issues Super Bowl Warning

Learn about the newest events happening in the crypto space.

Continue reading Crypto Flipsider News – $320 Million Wormhole Hack, Grayscale Launches Equity ETF, IRS Won’t Tax Unsold Staking Reward, Texas Miner Shuts Down, Binance Issues Super Bowl Warning at DailyCoin.com.

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Wormhole Suffers Second-Biggest DeFi Hack, $320 Million in wETH Stolen

Although decentralized finance (DeFi) has been billed by many as the future of money, the vulnerability of DeFi protocols has remained a dint in the image of the nascent sector.

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