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<ul class="news-points"><li>The hacker behind the EraLend exploit moved $757,000 to CEXs.</li><li>This moved fund represents 31% of the total funds stolen in the exploit.</li><li>The hacker used multiple steps to obfuscate the trail of the funds.</li></ul>In a recent update, <a href="https://coinedition.com/ape-token-staking-in-nft-pools-puts-investors-at-risk-says-peckshield/" rel="noopener noreferrer nofollow">blockchain security firm PeckShield</a> reported that addresses associated with the exploit of EraLend have taken action across multiple networks. Specifically, addresses linked to the exploit have moved approximately 410.8 ETH, valued at around $757,000.According to the security firm, this movement represents roughly 31% of the stolen funds. The update highlighted that the bad actors directed the stolen funds to centralized exchanges (CEXs). Notably, the exploiter-labeled addresses under observation are on the networks of&nbsp; <a href="https://coinedition.com/what-is-ethereum-complete-guide-to-the-2nd-largest-blockchain-project/" rel="noopener noreferrer nofollow">Ethereum (ETH)</a>, Optimism (OP), and Arbitrum (ARB).<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper"><blockquote class="twitter-tweet"><a href="https://twitter.com/hashtag/PeckShieldAlert?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#PeckShieldAlert</a> Eralend exploiter-labeled addresses on <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Ethereum</a>, <a href="https://twitter.com/hashtag/Optimism?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Optimism</a> and <a href="https://twitter.com/hashtag/Arbitrum?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Arbitrum</a> have already transferred a total of ~410.8 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a> (equivalent to ~$757K, roughly 31% of the stolen funds) to <a href="https://twitter.com/hashtag/CEXs?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#CEXs</a> EraLend on <a href="https://twitter.com/hashtag/zkSync?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#zkSync</a> was exploited for ~$2.7m worth of cryptos on July 25th <a href="https://t.co/vmwaUrmg8u" rel="noopener noreferrer nofollow">pic.twitter.com/vmwaUrmg8u</a>— PeckShield <a href="https://twitter.com/PeckShieldAlert/status/1693935355777675544?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 22, 2023</a></blockquote></div></figure>For context…The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/hacker-moves-757k-stolen-eralend-funds-to-binance-bybit-okx/">Hacker Moves $757k Stolen EraLend Funds to Binance, Bybit, OKX</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Hacker Moves $757k Stolen EraLend Funds to Binance, Bybit, OKX

Coin Edition

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