Bitget hackers move $4 million into Zcash’s private pool, making funds harder to trace
21 Articles
21 Articles
North Korean Hackers Move $3.8M in ZEC Into Ironwood Pool as 133K ETH Wallet Transfer Raises Questions
The latest developments in the cryptocurrency market highlight two very different but connected realities of digital assets: the growing sophistication of illicit fund movements and the extraordinary scale at which major crypto holders can shift capital. Reports involving North Korean attackers and a wallet linked to Ethereum co-founder Joseph Lubin show how blockchain transparency can […]
Bitget Hackers Start Shielding Stolen Zcash After Cross-Chain Laundering Route Is Blocked
The attackers behind the $387.5 million Bitget breach have started moving part of their loot into Zcash’s private payment system. The move makes the stolen funds harder to follow and shows how laundering tactics are shifting as some protocols refuse to cooperate. What moved on Wednesday On-chain investigator ZachXBT flagged the activity on September 30. Wallets linked to the exchange hack sent 2,746 ZEC, worth about $3.9 million, into Ironwood, …
The hackers linked to Bitget's crypt hacking change method. After the failure of an attempt to launder more than 50 million dollars via NEAR Intents, they sent about 2,746 ZEC, or nearly 3,9 million dollars, in the protected pool Ironwood of Zcash. Once the funds entered this system, their tracking becomes much more difficult. The article Crypto: Bitget hackers turn to Zcash to scramble the tracks appeared first on Cointribune.
Bitget Hacker Turns to Zcash Privacy Pool After Near Rejects $50M in Swaps | #hacking | #cybersecurity | #infosec | #comptia | #pentest | #hacker - National Cyber Security Consulting
In brief The Bitget attacker began shielding about 2,700 ZEC, roughly $3.8 million, in Zcash's Ironwood pool on Sept. 30. Near Intents says it rejected more than $50 million in swaps tied to the hack, while Thorchain declined Bitget's request to block the attacker's addresses. Bitget puts the theft at $387.5 million; its CEO and […] Thank you for subscribing to our RSS feed!
Bitget’s hackers turn to Zcash after $50 million laundering route gets blocked
Hackers behind Bitget’s $387.5 million breach are turning to Zcash's privacy features to hide the stolen funds as crypto firms increasingly block other escape routes. About 2,746 ZEC worth roughly $3.9 million was transferred Wednesday into Zcash’s Ironwood shielded pool through three transactions, according to on-chain activity flagged by blockchain investigator ZachXBT. The amount represents […]
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
