HomeCoinsEthereum (ETH)Hacker steals $42 million from Fenbushi Capital partner Bo Shen

Hacker steals $42 million from Fenbushi Capital partner Bo Shen

- Advertisement -


Hacker steals $42 million from Fenbushi Capital partner Bo Shen

Bo Shen, founding partner at Fenbushi capital, said his private crypto wallet was hacked in an incident on Nov. 10, which resulted in a $42 million loss of various crypto assets. 

The majority of the tokens, some $38 million, was taken in the stablecoin USDC. The rest of the stolen assets included tether (USDT), uniswap (UNI), reputation (REP), and liquity (LQTY) tokens, on-chain data from the wallet shows.

“A total of 42M worth of crypto assets, including 38M in USDC were stolen from my personal wallet ending in 894 in the early morning of November 10 EST,” Shen said in a tweet.

Shen said he reported the exploit to relevant law enforcement agencies. He clarified the stolen assets were personal funds and were separate from Fenbushi and its related entities. 

Blockchain security firm Beosin confirmed the exploit happened, explaining it likely resulted from a “private key compromise.” The hacker, after gaining illegitimate access to the wallet, drained all of its assets to two Ethereum addresses under their control, Beosin added. 

© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.





Source link

- Advertisement -
Mr Bitcointe
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
462FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,580FollowersFollow
2,230SubscribersSubscribe

Most Popular

bitcoin
Bitcoin (BTC) $ 23,022.17
ethereum
Ethereum (ETH) $ 1,642.00
tether
Tether (USDT) $ 1.00
bitcoin-cash
Bitcoin Cash (BCH) $ 133.62
litecoin
Litecoin (LTC) $ 99.53
eos
EOS (EOS) $ 1.08
okb
OKB (OKB) $ 44.28
tezos
Tezos (XTZ) $ 1.17
leo-token
LEO Token (LEO) $ 3.38
cardano
Cardano (ADA) $ 0.390315
monero
Monero (XMR) $ 167.10
stellar
Stellar (XLM) $ 0.090316
chainlink
Chainlink (LINK) $ 7.03
huobi-token
Huobi (HT) $ 5.51
tron
TRON (TRX) $ 0.064606
usd-coin
USD Coin (USDC) $ 1.00
dash
Dash (DASH) $ 65.09
neo
NEO (NEO) $ 8.86
iota
IOTA (MIOTA) $ 0.241722
nem
NEM (XEM) $ 0.041645
zcash
Zcash (ZEC) $ 46.20
maker
Maker (MKR) $ 728.33
paxos-standard
Pax Dollar (USDP) $ 0.994596
ethereum-classic
Ethereum Classic (ETC) $ 22.61
vechain
VeChain (VET) $ 0.024673
true-usd
TrueUSD (TUSD) $ 1.00
kucoin-shares
KuCoin (KCS) $ 8.60
waves
Waves (WAVES) $ 2.75