Blockchain security firm PeckShield said Specter has reported a suspected exploit on the Hedera network, with about $5.25 million in stolen funds bridged from Hedera to Ethereum. According to the report, the attacker initially funded the wallet with 1 ETH from Tornado Cash and currently holds about 2,360 ETH and 15.58 WBTC. The incident could raise security concerns around the network. Investigations are expected to continue as teams track the movement of the stolen funds.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
The CFTC has started its first Innovation Advisory Committee meeting as the agency looks at…
The SUI price finally has something to work with. After spending months trapped in a…
The HYPE price has climbed to $73.18, marking a 42% gain since August 1 and…
Ripple has partnered with Clearpool and Cicada Partners to bring institutional lending to the XRP…
Bitcoin (BTC) is trading at $72,090.87, up 10.3% over the past 24 hours and 12.5%…
Crypto is surging while stocks fall. Bitcoin jumped 10.3% to $72,090, Ethereum soared 17.8% to…
