The infamous address tied to the Uranium Finance hack of 2021 has been caught in one other monetary motion, transferring $3.1 million from BNB Chain to Ethereum (ETH).
The first adddess linked to the Uranium Finance hack of April 2021 has once more moved one other batch of funds, bridging $3.1 million in BUSD from BNB Chain to Ethereum and laundering $1.89 million to Twister Money.
Main blockchain safety firm Peck Protect first known as consideration to as we speak’s newest motion. Peck Protect’s disclosure got here when the exploiter had moved simply $10,000 price of BUSD to the Ethereum community utilizing Stargate, a cross-chain bridging protocol.
Following the alert from Peck Protect, the exploiter has moved extra BUSD tokens to Ethereum. They bridged 500,000 BUSD in six separate transactions and 100,000 BUSD in a single transaction, amounting to 3.1 million BUSD.
The current transactions, which occurred as we speak over one hour, have raised hypothesis amongst crypto proponents. After the transfers, the exploiter’s address on the BNB Chain now holds over $15 million in BUSD and Wrapped BNB (WBNB).
Particularly, the address at present holds $10.29 million price of BUSD and 22,185 WBNB valued at $4.73 million. Furthermore, on the reporting time, their address on the Ethereum community boasts 824 Ether (ETH) price $1.3 million, $12,980 price of USDC and $12,487 price of USDT.
Apparently, shortly after bridging the three.1 million BUSD to the Ethereum community, the hacker moved 1,200 ETH (price $1.89 million) to crypto mixing useful resource Twister Money. These ETH tokens have been transferred over 12 transactions of 100 ETH every, between 7:32 AM and eight:09 AM (UTC) as we speak.
Earlier actions
The newest stream of funds comes 61 days after the address laundered 1,100 ETH by way of Twister Money in August. Apparently, the exploiter had additionally moved 530 ETH to Twister Money in July, 670 ETH in June, and 650 ETH in Might.
These transactions have adopted an analogous sample all through this yr. Notably, the primary batch of transfers occurred in March, because the exploiter leveraged a distinct address to transfer 2,250 ETH (price $3.35 million on the time) to Twister Money.
The primary batch of transactions got here almost two years after Uranium Finance fell sufferer to the hack. Recall that the exploiter drained $50 million of crypto belongings from the protocol in April 2021. The hacker exploited a vulnerability within the Uranium Finance pair contracts.