Ethereum

2024

Coin

<ul class="news-points"> 
 <li><strong>The stolen BEAM was converted for 1,629 ETH, unsettling the BEAM market.</strong></li> 
 <li><strong>Post-phishing, BEAM sees volume surge, hinting at potential market stabilization.</strong></li> 
 <li><strong>kirilm.eth loses 180.25M BEAM ($5.14M) to a phishing attack, sparking a 7% market drop.</strong></li> 
</ul> 
<p>kirilm.eth was involved in a phishing attack that took place on February 15, costing them 180.25 million BEAM, worth about $5.14 million.</p> 
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   <p lang="en" dir="ltr">kirilm.eth was phishing attacked and lost 180.25M <a href="https://twitter.com/search?q=%24BEAM&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$BEAM</a>($5.14M) 13 hours ago.<br><br>The scammer quickly sold the 180.25M <a href="https://twitter.com/search?q=%24BEAM&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$BEAM</a> for 1,629 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETH</a>($4.6M), which caused the price of <a href="https://twitter.com/search?q=%24BEAM&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$BEAM</a> to drop by ~7%.<a href="https://t.co/x8epiNx4Qa" target="_blank" rel="nofollow">https://t.co/x8epiNx4Qa</a> <a href="https://t.co/ytcfYib2Kg" target="_blank" rel="nofollow">pic.twitter.com/ytcfYib2Kg</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1758364422303891601?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">February 16, 2024</a>
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<p>Following the attack, the stolen BEAM was converted into 1,629 Ethereum (ETH), valued at $4.6 million. The move proved destructive to Kirilm.eth, having caused waves in the BEAM market, leading to a 7% price decrease.</p> 
<p>Concurrently, BEAM’s market capitalization and 24-hour trading volume dipped by 4.55% and 1.38% to $14,424,788 and $1,003,331, respectively. At press time, BEAM exchanged hands at $0.09765, a 4.31% decline from the intra-day high of $0.109, according to data from CoinStats.</p> 
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<p>The post <a href="https://coinedition.com/will-beam-bounce-back-after-5-14m-kirilm-eth-phishing-scandal/">Will BEAM Bounce Back After $5.14M kirilm.eth Phishing Scandal?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Will BEAM Bounce Back After $5.14M kirilm.eth Phishing Scandal?

Coin Edition

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