Buy Crypto
Markets
Spot
Futures
Earn
Promotion
More
reward-centerNewcomer Zone
Feed HomeFlash details
Echo Protocol suffers an attack, with hackers minting 1000 eBTC and transferring some of the funds to Tornado Cash
  • TORN0%
  • WBTC0%
  • ETH0%

BlockBeats News, May 19th, according to PeckShield monitoring, Echo Protocol was hacked on Monad. The attacker minted 1000 eBTC (about $76.7 million) and used a well-tested process to deposit 45 eBTC (about $3.45 million) into Curvance. Subsequently, they used this as collateral to borrow approximately 11.29 WBTC (about $867,700), bridged the WBTC to Ethereum, exchanged it for ETH, and finally transferred 384 ETH (about $821,700) to Tornado Cash.

Source: BlockBeats

Disclaimer: The current content is sourced from third-party perspectives or directly translated by AI from third-party perspectives. CoinEx does not guarantee the authenticity, accuracy, and originality of the content, and it does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.

Hot
  • Coins
    Price
    24H Change