Over $1.2M stolen from 100+ wallets on Ethereum and BNB Chain

iconKuCoinFlash
Share
AI summary iconSummary
On-chain data reveals that over $1.2 million in USDT, USDC, and ETH was stolen from more than 100 wallets on Ethereum and BNB Chain within four hours. The funds were transferred to a single address and subsequently converted entirely into ETH. Ethereum network reports emphasize the speed and scale of the theft, with no indications of a known exploit or wallet compromise. The incident occurred over the weekend, with most transactions executed via automated tools.

Odaily Planet Daily report: Suspected theft incident—within less than four hours, approximately $1.2 million in USDT, USDC, and ETH from over 100 wallets on Ethereum and BNB Chain were transferred to the same address, after which all funds were exchanged for ETH.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.