KelpDAO hacker has exchanged most of the ETH for BTC through THORChain cross-chain.

robot
Abstract generation in progress

Odaily Planet Daily reports that according to on-chain analyst Yu Jin’s monitoring, KelpDAO hackers have been laundering and transferring ETH since yesterday afternoon, and they should have already laundered away 34.5k ETH (80 million USD).

Most of these ETH have been exchanged for BTC across chains via THORChain, which has also earned a significant amount of “transaction fees” as a result:

  1. THORChain’s trading volume surged to $360 million in the past 24 hours, whereas the previous daily average was only $20 million.

  2. THORChain’s platform fee revenue in the past 24 hours was $420k, compared to a previous daily fee income of only $5,000.

ETH3.51%
BTC2.94%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin