The hacker, responsible for Wormhole for $ 321 million, began the turnover of stolen assets. He transferred 95.6 thousand ($ 155 million) from stolen funds to the Openocan decentralized exchange, Certik, which is engaged in cybersecurity, said on Twitter. The data show that ETH was then converted into assets related to the Ethereum course, such as Staked Eth (Steth) and Wrapped Staked Eth (Wsteth) from Lido Finance.
In February last year, hackers took advantage of the Wormhole Cross Cryptopter Cross-Cryptopter and abducted more than $ 320 million in cryptocurrency. After hacking, the Wormhole administration sent a transaction to the hacker with a proposal for $ 10 million to disclose the attack method and return the stolen funds. When the hacker wallet was activated on January 23, the bridge administration repeated this proposal.
Wormhole – a platform that allows users to transfer cryptocurrency through different blockchains. The platform blocks the source token in a smart contract, and then creates a “wrapped” version of the preserved token, which can be transferred to another chain of blocks. The platform supports Avalanche, Oasis, Binance Smart Chain, Ethereum, Polygon, Solana and Terra.
On January 23, the attacker transferred part of the funds to Ethereum to decentralized platforms and converted them into other tokens. This attracted the attention of participants in the crypto community, who found that the attacker began to conduct a series of metabolic operations. The co -founder of the venture company Mechanism Capital, Andrew Kang, noted that the Wormhole cracker began to use stolen assets as a credit shoulder. The hacker used the steth as a deposit when receiving a loan in DAI stabelcoins in the amount of $ 13 million, then he spent these funds to buy more Steth tokens and repeated the operation. The Block Director Stephen Zheng suggested that an attacker can simply have fun on a network with stolen assets or have a long position on Steth.