'$7.4 million stolen' by Hundred Finance hacker, moving the stolen money for the first time in a year

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[Blockchain Today Reporter Jihye Han] It has been reported that the hacker who stole funds from decentralized finance protocol Hundred Finance moved the assets within a year.

On the 2nd (local time), Cointelegraph reported that the hacker who stole $7.4 million from Hundred Finance began moving cryptocurrency assets after being inactive for a year.

On the 1st, a hacker moved $800,000 worth of Ethereum and Tether from Curve's decentralized exchange (DEX) in about a year. After withdrawing the funds, the hacker converted Tether and other cryptocurrencies to Ethereum. As a result, the hacker's Ethereum holdings increased by more than $1 million.

Currently, the hacker holds a total of $4.3 million worth of assets in his wallet, including various cryptocurrency assets such as Dai, Wrapped Ether, Frax, and Wrapped Bitcoin. I'm doing it.

Meanwhile, Hundred Finance suffered damage worth $7.4 million due to a hacker's flash loan attack in April 2022 and decided to suspend operations through a governance vote.

hjh@blockchaintoday.co.kr

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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