The Wormhole hacker appears to have gone on a leverage escape, with blockchain data showing the use of 95.6K ETH to mint staked Ether, wrapped staked Ether and millions worth of DAI loans.
Notably, the Wormhole team has taken the opportunity to once again offer the hacker a bounty of $10 million if they return all the funds, after it left an embedded message conveying such in a transaction via the Wormhole: Deployer.The hacker’s hefty ETH transaction appears to have had a direct impact on the price of stETH according to
from Dune Analytics. The asset’s price went from slightly under peg of 0.9962 ETH on Jan. 23, to as high as 1.0002 ETH the following day, before dropping back to 0.9981 at the time of writing.With the Wormhole hack likely to catch more attention in light of the latest incident, blockchain security firms such as Ancilia, Inc. warned on Jan. 19 that searching the keywords “Wormhole Bridge” in Google is currently showing promoted ad websites that are actually phishing operations.
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