Ethereum

RocketSwap

Gains

Coin

<ul class="news-points"> 
 <li><strong>Hacker stole $865,000 from RocketSwap using various techniques.</strong></li> 
 <li><strong>Stolen funds were laundered through ETH and transferred to different platforms.</strong></li> 
 <li><strong>RocketSwap faced backlash for disabling communication and criticized for poor security measures.</strong></li> 
</ul> 
<p>The <a href="https://coinedition.com/what-is-ethereum-complete-guide-to-the-2nd-largest-blockchain-project/">Ethereum</a> address linked to the hacker behind the recent $865,000 theft of funds from decentralized exchange (DEX) RocketSwap has moved the stolen assets through various laundering techniques, according to blockchain tracker PeckShieldAlert.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/PeckShieldAlert?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#PeckShieldAlert</a> <a href="https://twitter.com/hashtag/RocketSwap?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#RocketSwap</a> Exploiter-labeled address on <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Ethereum</a> has laundered ~169 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETH</a> into <a href="https://twitter.com/hashtag/TornadoCash?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#TornadoCash</a>, bridged ~86 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETH</a> to <a href="https://twitter.com/hashtag/Arbitrum?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Arbitrum</a> &amp; <a href="https://twitter.com/hashtag/BNBChain?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#BNBChain</a> and then transferred them to <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Binance</a> (~347.9 <a href="https://twitter.com/search?q=%24BNB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$BNB</a> &amp; ~34 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETH</a>) &amp; <a href="https://twitter.com/hashtag/OKX?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#OKX</a> (~9K <a href="https://twitter.com/search?q=%24USDT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$USDT</a>) and swapped ~2 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETH</a> for <a href="https://twitter.com/search?q=%24TIP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$TIP</a> and transferred… <a href="https://t.co/t3MIcvahD1" target="_blank" rel="nofollow">pic.twitter.com/t3MIcvahD1</a></p>— PeckShieldAlert (@PeckShieldAlert) <a href="https://twitter.com/PeckShieldAlert/status/1714568344739983442?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">October 18, 2023</a>
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<p>On August 14, RocketSwap was compromised when private keys were brute-forced, enabling the creation of memecoin LoveRCKT and the transfer of proceeds to <a href="https://coinedition.com/tag/uniswap-uni/">Uniswap</a>. The incident was initially believed to potentially be a rug-pull scam by developers.</p> 
<p>Following the hack, PeckShieldAlert reported that 169 ETH was laundered t…</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/hacker-funnels-illicit-rocketswap-gains-through-dex-and-cex/">Hacker Funnels Illicit RocketSwap Gains Through DEX and CEX</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Hacker Funnels Illicit RocketSwap Gains Through DEX and CEX

Coin Edition

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