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Hacker sells 7.77tn PEPE from Binance hot wallet for ETH, Ai Yi says

NewsFeeds update

On-chain analyst Ai Yi says a hacker sold 7.77tn PEPE from a Binance hot wallet for 14,049 ETH at an average of about $0.0000041, pushing PEPE down 12.33%. The sale was worth over $31.9m.

AltcoinsChainCatcherAIBearish

Read the original on ChainCatcher

The story so far: Binance hot wallet hack

A hacker drained funds from a Binance hot wallet, selling 7.77tn PEPE for 14,049 ETH worth over $31.9m. Analyst Ai Yi linked the hacker to an address Arkham labeled Kelp DAO Hacker; ZachXBT now says the hack is believed to be the work of North Korea's Lazarus Group.

  1. Hacker sells 7.77tn PEPE from Binance hot wallet for ETH, Ai Yi says

    On-chain analyst Ai Yi says a hacker sold 7.77tn PEPE from a Binance hot wallet for 14,049 ETH at an average of about $0.0000041, pushing PEPE down 12.33%. The sale was worth over $31.9m.

    AltcoinsChainCatcherAIBearish

  2. Ai Yi links Binance hot wallet hacker to Kelp DAO attacker

    On-chain analyst Ai Yi says the Binance hot wallet hacker moved all 74.56m ARB to an address Arkham labels Kelp DAO Hacker, and the tokens have not been moved or sold. Kelp DAO lost about $292m in rsETH in an attack on 18 April that the community speculated was the work of North Korea's Lazarus Group.

    AltcoinsOdailyAIBearish

  3. Arkham says it has verified 70 addresses linked to Binance hacker

    Arkham says it has tagged the attacker behind the Binance hack and that its team has verified 70 on-chain addresses associated with the hacker.

    AltcoinsOdailyAIBearish

  4. ZachXBT says Binance hack believed to be work of North Korea's Lazarus Group

    On-chain analyst ZachXBT says the latest Binance hack is believed to have been carried out by Lazarus, the North Korean hacking group.

    AltcoinsCoinNessAIBearish

More Altcoins updates

  1. SlowMist CISO says Binance theft probe should focus on private-key leak and custom withdrawal tools

    AltcoinsOdailyAIBearish

  2. Yi He says Binance is running security scans to protect user funds

    AltcoinsOdailyAIBullish

  3. Coinbase's Brian Armstrong says he has offered Binance help after hack

    AltcoinsOdailyAIBearish

Every Altcoins update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.