Euler Attack Transfers 2600 ETH to Fake_Phishing7653 Chain

03/16/2023 01:57 • Digital Disruptors • 122 views

According to reports, according to slow fog monitoring, hackers in the Euler attack have so far transferred 2600 ETHs to a chain labeled Fake_ The address of phishing7653 was gradually transferred to Tornado Cash.

Euler hackers gradually transferred 2600 ETHs to Tornado Cash

Analysis based on this information:

A recent report from Slow Fog Monitoring has revealed a concerning development in the Euler attack. It appears that hackers have successfully transferred 2600 ETHs to a chain labeled ‘Fake_Phishing7653’, gradually moving them to Tornado Cash. This news is undoubtedly alarming for those in the cryptocurrency world.

The Euler attack, named after the famous mathematician Leonhard Euler, uses a form of blockchain technology called smart contracts. The hackers exploit vulnerabilities in these contracts to gain unauthorized access to user accounts and steal their funds. This attack has been well-documented in recent years and has cost millions of dollars in damages.

Slow Fog Monitoring was established in 2017 to help combat cryptocurrency hacking and cyber attacks. They provide an early warning system that helps to detect and track suspicious activity on the blockchain. This system is essential in identifying patterns and trends in hacking activity and can alert users before an attack occurs.

According to the report, the hackers have been using a phishing tactic to redirect users to the Fake_Phishing7653 chain. This chain, which appeared to be a legitimate service, was designed to steal user data and access keys. Once the hackers gained access to the user’s funds, they gradually moved them over to Tornado Cash. Tornado Cash is a privacy tool that allows users to make anonymous transactions on the blockchain. By using this tool, the hackers could potentially avoid detection.

The transfer of 2600 ETHs is a significant amount of money and is a clear indication that the hackers are becoming more sophisticated in their tactics. As cryptocurrencies continue to gain popularity and mainstream acceptance, we can expect these attacks to become more frequent and more elaborative. It is essential for individuals and companies to take proactive measures to protect their digital assets from cyber attacks.

In conclusion, the Euler attack is a serious threat to the cryptocurrency world, and the recent transfer of 2600 ETHs to the Fake_Phishing7653 chain should serve as a wake-up call for all users. Slow Fog Monitoring has proven to be an invaluable resource in detecting and tracking these attacks, but it’s up to the community to take a proactive approach to cybersecurity. Three keywords that summarize this report are Euler Attack, Slow Fog Monitoring, and Tornado Cash.

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Euler Attack Transfers 2600 ETH to Fake_Phishing7653 Chain

Euler hackers gradually transferred 2600 ETHs to Tornado Cash

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