In a series of coordinated cyber attacks on decentralized finance platforms, hackers have stolen millions in cryptocurrency. The KyberNetwork, a prominent decentralized exchange, was exploited, resulting in the theft of 798.8 Ether ($2.5 million) in Ethereum (ETH) and over $826K in stablecoins. The stolen funds were transferred from Arbitrum to Ethereum. Additionally, the Serenity Shield platform suffered a breach in its MetaMask wallets, leading to the theft of 6.9 million SERSH tokens, valued at approximately $5.7 million. Some of the stolen SERSH tokens were converted to USDT, with around $580k USDT held at a specific address and 210k USDT bridged to Ethereum.
UPDATE: CRYPTO PROTOCOL SERENITY SHIELD HACKED FOR $5.6M AFTER METAMASK WALLET BREACH
Serenity Shield's MetaMask wallets were compromised for 6.9M $SERSH (worth ~$5.6 million). Some of the stolen $SERSH were swapped for $USDT. ~580k $USDT are held at 0x29d473678b19edb5a419a13554ca93851604477f, and 210k $USDT are bridged to Ethereum. Other $SERSH are sent to… https://t.co/sKxtB0G9No https://t.co/NkefNx8YqN
#PeckShieldAlert ZachXBT detected that one of @SerenityShield_'s Metamask Wallets holding liquidity for the $SERSH token was compromised, resulting in the transfer of 6.9 million $SERSH (worth approximately $5.7 million at the time of transfer) to an unknown third-party wallet.… https://t.co/G1AUGa5yZN
Nearly 7 million SERSH tokens were stolen from @SerenityShield’s wallet, triggering a significant price fall. https://t.co/PML027v9Pe
KYBERSWAP ATTACKER BRIDGES FUNDS TO ETHEREUM The KyberSwap attacker's wallet transferred 798.8 Ether ($2.5M) from Arbitrum to Ethereum. Over $826K of DAI was also shifted to another wallet. Source: PeckShield https://t.co/UnTAq8G40a
Kyberswap Hack: Blockchain Security Firm Reports Movement of 800 ETH from Exploiter’s Address #crypto #cryptocurrency #defi #hacking https://t.co/eV8YV9x94l
🚨KyberSwap hacker bridges $2.5M in stolen funds to Ethereum!!! The hacker behind the attack on the decentralized exchange (DEX) KyberSwap has been seen moving millions in digital assets from one blockchain to another. Source: https://t.co/7vJhqcDK7s
Millions in digital assets from the 2023 @KyberNetwork exploit moved by hacker. $2.5M ETH and nearly $1M in stablecoins transferred from @arbitrum to #Ethereum. https://t.co/a66MYKWTe2
JUST IN: @KYBERNETWORK HACKER SENDS $2.5 MILLION IN STOLEN CRYPTO TO #ETHEREUM