Home

$29M SUI Hack: Funds Moved to Ethereum and Tornado Cash

247 Author News

News

$29M SUI Hack: Funds Moved to Ethereum and Tornado Cash

SUI Price Smashed a New ATH—Can the Bulls Escalate the Levels Beyond $10 as $5 Remains Activate for 2024

The post $29M SUI Hack: Funds Moved to Ethereum and Tornado Cash appeared first on Coinpedia Fintech News

On December 12, 2024, hackers stole $29 million worth of SUI tokens from a victim’s wallet, as reported by blockchain investigator ZachXBT. The stolen tokens were quickly moved to Ethereum using a bridge and then sent to Tornado Cash, a platform often used to hide transaction details. This made it very hard to trace the funds. Tracking the theft has become even more difficult due to the limited features of the Sui blockchain’s explorer. The incident has raised serious concerns about the safety of crypto wallets and the challenges of following stolen funds in decentralized systems.

Latest Press

4 hours ago

Ripple (XRP) Price Prediction: Will XRP Surge? Yeti Ouro Gains Traction In Play-To-Earn Market

The post Ripple (XRP) Price Prediction: Will XRP Surge? Yeti Ouro Gains Traction In Play-To-Earn Mar...

4 hours ago

Crypto Prices Set to Soar: Skyren DAO’s DeFi Ecosystem Leads the Charge

The post Crypto Prices Set to Soar: Skyren DAO’s DeFi Ecosystem Leads the Charge appeared first on...

4 hours ago

Breaking : MicroStrategy Buys 10,107 Bitcoin For $1.1 Billion

The post Breaking : MicroStrategy Buys 10,107 Bitcoin For $1.1 Billion appeared first on Coinpedia F...

4 hours ago

Brace Yourself For Pi Network’s Mainnet Launch: As Countdown Begin

The post Brace Yourself For Pi Network’s Mainnet Launch: As Countdown Begin appeared first on Coin...

4 hours ago

Can Race To a Billion Surge Ahead and Become the Best Big Gaming Crypto?

The post Can Race To a Billion Surge Ahead and Become the Best Big Gaming Crypto? appeared first on ...

4 hours ago

SpacePay’s Instant Settlement System Changes The Game: Here’s How It Makes Crypto Work Like Cash

The post SpacePay’s Instant Settlement System Changes The Game: Here’s How It Makes Crypto Work ...

4 hours ago

Top Altcoins to Buy This Crypto Market Crash

The post Top Altcoins to Buy This Crypto Market Crash appeared first on Coinpedia Fintech News The c...

4 hours ago

Crypto Market Q1 Hot Picks: The Top Altcoins With Bullish Potential This Cycle

The post Crypto Market Q1 Hot Picks: The Top Altcoins With Bullish Potential This Cycle appeared fir...

4 hours ago

Shytoshi Kusama Steps Down as Shiba Inu Leader: Shib Price Drop To 10%

The post Shytoshi Kusama Steps Down as Shiba Inu Leader: Shib Price Drop To 10% appeared first on Co...

4 hours ago

SEC Scores Partial Win Against Kraken: Crypto Under Threat?

The post SEC Scores Partial Win Against Kraken: Crypto Under Threat? appeared first on Coinpedia Fin...

Publish an article now

Unlock the power of media for instant visibility to the target audience, major SEO boost, greater website traffic and conversion rates.

click here to get started