Arkham

Chainlink

This week, another multi-hundred-thousand-dollar crypto hack was linked to the growing tokenization trend of real-world assets and inadequate security procedures.  
Threat intelligence group Arkham claims that in late January, <a href="https://optimisus.com/news/crypto-news/this-crypto-exchange-loses-over-10-million-to-hackers/" rel="noopener noreferrer nofollow">hackers</a> Inferno Drainer stole $900,000 worth of Chainlink (LINK) tokens from the hot wallet of a Swiss crypto investment fund.  
The attackers reportedly used a phony crypto airdrop website to phish the victim's private wallet keys.  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
 https://twitter.com/ArkhamIntel/status/1754490612638765264?s=20
 </div>
</figure>  
They used the compromised "Alchemist63" account to obtain signature approvals, quickly emptying the wallet through two transactions.  
Targeting LINK specifically, the transactions first took $400,940, then 12 seconds later, $456,400, as the victim unknowingly approved both of the fraudulent money transfers.  
Subsequently, researchers connected the depleted wallet to PrismInvest, a fund based in Switzerland with years of Binance activity history.  
But since the digit keys were now compromised, it's possible that the stolen digital assets made its way past coin mixers and into Inferno's permanent possession. 
The post <a href="https://optimisus.com/news/crypto-news/hackers-stole-900000-worth-of-chainlink-link-tokens-in-late-january/" rel="noopener noreferrer nofollow">Hackers stole $900,000 worth of Chainlink (LINK) tokens in late January</a> appeared first on <a href="https://optimisus.com" rel="noopener noreferrer nofollow">Optimisus</a>.

Hackers stole $900,000 worth of Chainlink (LINK) tokens in late January

Optimisus

Other articles published on Feb 6, 2024

Solana Network Restored After Outage

Solana Crypto Is HUGE! But This AltCoin Gem Can Surprise You

Bitcoin Exchange Binance Announces It Will Support Network Upgrade and Hard Fork of This Altcoin!

Binance Unveils Dymension (DYM) Listing, Will Price Rally?

SpaceX Receives Dogecoin Payment for Rescheduling DOGE-1 Lunar Mission

Massive Ripple Transfer on Bitstamp Exchange

Join our free newsletter for daily crypto updates!