A current on-chain investigation signifies a hacker plundered $29 million value of the Solana (SOL) rival Sui (SUI) from a single sufferer final month.
The on-chain sleuth ZachXBT uncovered the hack, which he notes occurred on December twelfth.
“The stolen funds had been bridged from Sui to Ethereum by way of Bridgers after which deposited to Twister Money in batches…
The sufferer transferred their .sui domains to a brand new uncompromised handle shortly after the theft. Present limitations with Sui block explorers and Sui analytics instruments make the theft troublesome to hint.”
Twister Money is an Ethereum (ETH)-based coin mixing system that helps customers conceal their digital belongings. The US sanctioned the controversial mission in 2022 for nationwide safety functions.
Losses from crypto hacks and scams surged in 2024, in response to the blockchain safety agency PeckShield.
The agency mentioned earlier this month that the whole worth loss within the crypto sector final 12 months exceeded $3.01 billion, a 15% improve from the 2023 whole.
That quantity included $2.15 billion stolen in hacks and $834.5 million looted in scams. PeckShield additionally famous that $488.5 million value of crypto was recovered.
Regardless of the surge in digital asset losses final 12 months, 2024 nonetheless wasn’t as prolific as 2022, which clocked $3.6 billion value of worth loss throughout the sector.
Do not Miss a Beat – Subscribe to get electronic mail alerts delivered on to your inbox
Verify Worth Motion
Observe us on X, Fb and Telegram
Surf The Each day Hodl Combine
 
Disclaimer: Opinions expressed at The Each day Hodl usually are not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual threat, and any losses you might incur are your accountability. The Each day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Each day Hodl an funding advisor. Please word that The Each day Hodl participates in internet online affiliate marketing.
Generated Picture: Midjourney
