By taking an enormous volume of funds off of the exchange, the hacker acquired control of a large chunk of funds that he later exchanged for Ethereum and sent to yet another wallet. The majority of blockchain observers assumed that he would send those funds to coin mixing solutions like Tornado Cash to sell later on.
However, funds are still sitting in the hacker's wallet without moving anywhere. Presumably, the hacker might face some issues after moving funds through Tornado Cash, considering the rising number of OFAC-compliant blocks that might limit his or her transaction.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Is GPU mining profitable after the Ethereum Merge?While it will take time before the full impact of Ethereum’s Merge on the industry is understood, there is one group that is already seeing fundamental changes to their role: GPU miners. The gpu's from pre 2019 are not profitable for Bitcoin if Bitcoin goes below 30k. They forgot about that aspect and is one of the main reasons for bitcoins drop. A proper roadmap has not been established after learning that. 0x71c2c1cbc756b4f2722fadbc8a052a4be142c3ee Interesting you take a swipe at PoW during a time when most industry leaders are very vocal about decentralization, and you try to make an argument for Eth PoS as something miners that decentralized that network for years might turn to, is an oligarchy structure decentralized?
Source: Cointelegraph - 🏆 562. / 51 Read more »
Bitcoin, Ethereum Technical Analysis: BTC Rebounds Following Bullish Comments From Elon Musk – Market Updates Bitcoin NewsBTC started the week trading below $17,000, as volatility in the cryptocurrency space continued to intensify. OK 👌 Ok, I only listen to ChiefraFba for signals! Ok cool, I have recently started using ChiefraFba for signals, his accuracy is INSANE!
Source: BTCTN - 🏆 531. / 51 Read more »
Cardano Founder on XRP and Ethereum, and Why Conspiracy Theories Are CrazyCardano's Hoskinson denies bribery by Ethereum in Ripple case ripplesec ripplexrp xrp xrparmy xrpcommunity ripple sec garygensler ethereum eth $eth $xrp Ethgate
Source: Utoday_en - 🏆 295. / 63 Read more »
Ethereum Suddenly Spikes by 7.6%, Reaches $1,260$ETH price performance we see today could be the start of a bigger rally in the future
Source: Utoday_en - 🏆 295. / 63 Read more »
Citron Research Remains Bearish on Ethereum (ETH). Here’s Why.CitronResearch believes that $ETH has as many flaws as FTX_Official
Source: Utoday_en - 🏆 295. / 63 Read more »