It would not be very convincing to say that the fraud cases that somehow occur everywhere in the world where there is money and trade do not happen in cryptocurrencies worth trillions of dollars. It has been known for a long time that cryptocurrency exchanges, companies and investors have been subject to major attacks. Although precautions and awareness are increasing, it is understood from the fact that the hackers who carry out attacks find new ways and continue to do so. The latest data shows that Ethereum $2,296.85 was drawing attention to the large targeted attacks.
September Report
While hacker attacks on cryptocurrencies continue to increase in different ways, it was seen that a large amount of Ethereum obtained from 4 different attacks was sent to Tornado Cash in order to eliminate its tracking. A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!
Firstly Penpie When the attack was examined, it was seen that all 11,261.2 Ethereum worth $27.8 million stolen on September 4 was transferred. SpotOnChain was announced by.
The second one occurred in June and caused huge fluctuations in price. WazirX It was reported that 7,600 of the $230 million worth of ETH stolen in the scandal, or $18.51 million, were processed, but 54,155 ETH were still held.
In 2022 Bo Shen 1,500 of the 1683 ETH stolen in the incident were transferred to Tornado Cash by the attackers. LiFi It was also stated by SpotOnChain that only 200 of the 1,905 ETH stolen funds have been used so far.
It is known that no matter how much security measures are increased in cryptocurrencies, major losses can be experienced due to both insider developments and the carelessness of company employees. In addition, it is known that attackers search for and find new vulnerabilities every day, and accordingly, major losses can be caused.
In the past, it has been seen that major exchanges have carried out follow-ups and frozen the funds transferred to them due to theft, and this has attracted attention as an important, albeit small, precaution.
How Many Dollars is Ethereum?
The outlook for Ethereum, which is at the center of the attacks, remains neutral. The ETH price is finding buyers at $2,295 after a 0.26% increase today. It rose to $4,000 in parallel with the ETF news that emerged in the past months, but its decline was just as steep later on.
While it was seen that the volume increased to 276 billion dollars depending on the movements in the ETH price, the transaction volume decreased to 9.3 billion dollars after a net decrease of 63%, as reflected in the graphs.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.