Gate.io Attack Funds Being Transferred by Hackers
It is reported that according to CertiK monitoring, hackers are transferring stolen funds from the Gate.io attack in 2018. Up to now, the account address (0xff…
It is reported that according to CertiK monitoring, hackers are transferring stolen funds from the Gate.io attack in 2018. Up to now, the account address (0xff8…) has transferred 194472 ETHs (about $3.149 million) to different wallets.
Security team: In the 2018 Gate.io attack, hackers have transferred 1944.72 ETHs to different wallets
Analysis based on this information:
According to recent reports from CertiK monitoring, hackers involved in the 2018 Gate.io attack are now transferring stolen funds from the attack. As per the reports, an account address carrying out these transfers has transferred around 194472 ETHs, which are worth approximately $3.149 million, to different wallets.
The Gate.io attack is one of the biggest attacks on a cryptocurrency exchange, where hackers managed to gain access to a significant amount of funds from users. The attackers were able to compromise the user accounts and manipulate the trade history, which caused significant losses to many users. The attack is believed to have been caused by a security flaw in the website’s code, which the attackers exploited to gain access.
CertiK, a blockchain security-based company, is monitoring the movement of these stolen funds by the attackers. The reports indicate that the funds are being transferred to various wallets to try and hide the trail of the stolen funds. As a result, the affected exchange has encouraged its users to remain cautious and report any suspicious activity that they may come across regarding the stolen funds.
The transfer of stolen funds by these hackers is an example of how exchanges and users can be vulnerable to such malicious attacks. While many exchanges have improved their security measures to prevent such attacks from happening, attackers are constantly finding new ways to exploit vulnerabilities in these systems. Additionally, as cryptocurrencies become more popular, the potential rewards for hacking becomes more appealing.
In conclusion, CertiK’s monitoring of the movements of funds stolen in the Gate.io attack should prompt exchanges and users to be more vigilant and cautious about the safety and security of their assets. The news also highlights the importance of ongoing security measures and ongoing security monitoring to prevent and detect malicious attacks.
This article and pictures are from the Internet and do not represent aiwaka's position. If you infringe, please contact us to delete:https://www.aiwaka.com/2023/02/23/gate-io-attack-funds-being-transferred-by-hackers/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.