ZachXBT: Cryptocurrency Exchange Rain Could Lose Up to $14.80 million
2024-05-13 14:33:28
On-chain detective ZachXBT claims that Bahraini cryptocurrency exchange Rain "may have been exploited for $14.80 million". The vulnerability occurred "on April 29, 2024, when there was a suspicious outflow of funds from Rain's BTC, ETH, SOL and XRP wallets". The funds were quickly transferred to the instant exchange and exchanged for BTC and ETH.
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