Arkham

Tornado Cash

Tornado

Shiba Inu

WazirX

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The mysterious WazirX hacker behind one of the largest cryptocurrency thefts in recent history has resurfaced with a major new transfer.&nbsp;<a href="https://x.com/spotonchain/status/1830825393726857485" rel="noopener noreferrer nofollow">Spot On Chain</a> reports that the hacker transferred 2,600 ETH, worth approximately $6.54 million, to Tornado Cash just 18 hours ago.&nbsp;
However, with 59,156&nbsp;<a href="https://u.today/btc-eth-and-xrp-prediction-for-september-2" rel="noopener noreferrer nofollow">ETH,</a> or about $148.8 million, spread across nine different wallet addresses, the hacker still has a large amount of funds.
This latest transfer comes on the heels of the major security breach that hit WazirX at the end of July. The hack, which saw nearly a quarter of a billion dollars in various cryptocurrencies stolen from India's leading crypto exchange, sent ripples through the market.&nbsp;
The stolen funds have been actively traded for&nbsp;<a href="https://u.today/ethereum-eth-things-are-getting-even-worse-solana-sol-shows-catastrophic-breakdown-massive-us" rel="noopener noreferrer nofollow">Ethereum</a>, which has created a lot of selling pressure on various digital assets. <img alt="&quot;&quot;" data-entity-type="file" data-entity-uuid="385fe6cc-7bb1-47b8-85ee-a99e36cda3a6" src="https://u.today/sites/default/files/inline-images/arkhamshib_3.png">Source: <a href="https://platform.arkhamintelligence.com/explorer/entity/wazirx-hacker" rel="noopener noreferrer nofollow">Arkham Intelligence</a>
One of the most notable transactions was the withdrawal of 5.4 trillion&nbsp;<a href="https://u.today/shiba-inu-shib-price-reset-point-reached-whats-next" rel="noopener noreferrer nofollow">Shiba Inu (SHIB)</a>, which was valued at $102 million. This large sale had a major impact on SHIB's market value, causing the price of the token to drop nearly 8% at one point.&nbsp;
<h2 dir="ltr" id="breathing-period">Breathing period</h2>
The ongoing movement of these stolen assets continues to impact the broader market, demonstrating the magnitude of the theft.
In response to the breach, Zettai, the Singapore-based company behind WazirX, has asked the High Court of Singapore for a temporary stay on some of its obligations. If granted, this will give the company time to restructure its liabilities in the wake of the $230 million breach and work to reimburse users of the platform.

$100 Million Shiba Inu (SHIB) Thief Breaks Silence With New Transfer

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