Neobank Infini was attacked by a major cyber on February 24th. A total of 49.5 million USDC was played from the platform. After the incident, chain analysis companies and market experts who traced the attacker, identified suspicious transfers. Ethereum of the stolen funds $2,682.11 It turned out that it was converted to the Based DAI Stablecoin and then used to buy ETH. This development brought up security concerns in the crypto money market.
Details of the attack and blockchain monitoring
The person who carried out the attack turned the stolen 49.5 million USDC into DAI. Then, with these funds, he bought a total of 17,696 ETHs. The purchased ETHs were transferred to “0xFCC8… 6E49”. Chain analysis companies and community members followed suspicious movements.
Peckshieldalert shared the first findings on the attack. In a statement, “0xC49b… E3E1” coded special key was leaked. Analysis from community members revealed that some funds were sent to a screwocash -linked wallet. This showed that the attacker was trying to hide his traces.
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Infini team started to work to ensure user security after the incident. Authorities, the person who carried out the attack announced that they gave information to the relevant authorities. Market experts stressed that the attack is a great concern in the crypto currency market.
Market reactions and effects on the future
After the attack, Infini continued to meet users’ shooting requests. The platform has completed the shooting process of 500,000 USD. This movement was considered as an effort to protect user trust.
Following the attack, ETH was once again seen that it was one of the most used assets in cyber attacks. Similar events in the past have caused fluctuations in ETH prices. Market viewers predict that prices may occur if the attacker sells ETH.
Increased attacks in the crypto money market show that security measures are insufficient. Experts argue that new security protocols should be developed to reduce the impact of such events on investors. Users are encouraged to increase security measures to protect their funds.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
