Crypto Hacker Steals 1,100 ETH: Unraveling the Details of the Ethereum (ETH) Heist

• Poloniex crypto exchange experiences panic-inducing transfer operations by hackers.
• Security firm PeckShield’s onchain data reveals the hacker responsible for last year’s Poloniex attack transferred approximately $3.4 million worth of 1,100 Ethereum (ETH) to Tornado Cash, a US-approved cryptocurrency mixer.
• The attack is widely believed to be the work of the infamous state-sponsored hacking organization, North Korea’s Lazarus Group, known for high-profile attacks including a $600 million hack on the Ronin side chain.

Poloniex crypto exchange faces panic as hackers transfer funds to Tornado Cash, stirring up concerns in the crypto market.

Poloniex Faces Frightening Transfer from Attacker!

During an attack on one of Poloniex’s hot wallets last November, $100 million was drained. Services like Tornado Cash are frequently used by cybercriminals to obscure the trail of stolen cryptocurrency. This attack is widely believed to be the work of the notorious state-sponsored hacking organization, North Korea’s Lazarus Group, which has carried out high-profile attacks, including a $600 million hack on the Ronin side chain. In a previous onchain... Read the full article for FREE at COINOTAG!