Scam Alert

BitBrowser Hacking Is Still Complicated

Key Points:

  • 70.6% of the stolen funds (236.27 ETH) were traced to crypto mixer eXch from Bitbrowser.
  • The hacker behind recent crypto theft relocates stolen assets.
  • Hackers attempt to hide tracks, highlighting cryptographic security challenges.
MistTrack, the crypto tracking and compliance platform founded by blockchain security firm SlowMist, has provided an update on BitBrowser, where a hacker stole a significant amount of cryptocurrency assets.
BitBrowser Hacking Is Still Complicated 2

According to MistTrack, the hacker has recently transferred the stolen funds to new addresses.

After the initial breach last week, MistTrack collaborated with the crypto community to compile a list of crypto addresses associated with the hacker. These addresses were closely monitored for any fund transfers or potential clues about the identity of the hacker.

Specifically, 236.27 ETH, valued at approximately $386,000, accounting for 70.6% of the total stolen funds, was transferred to a mixer known as “eXch.” It’s worth noting that BitBrowser had previously issued a notice stating that its server’s cached data had been compromised.

BitBrowser’s unique features include being developed with the Google kernel, which enables it to simulate real machine information at the physical level. Additionally, its proxy IP setup ensures a high degree of anonymization to prevent any correlation between browser windows.

MistTrack has been providing regular updates since the incident came to light. On August 29, the platform reported that the hacker had moved 1.9 ETH from BitBrowser to a new address.

Subsequently, on the same day, the tracking platform revealed that the hacker had shifted 7.1 ETH and additional funds across various chains to platforms like Binance, FixedFloat, ChangeNOW, and others.

The hacker used tools like Socket and Railgun to obscure their transaction history, making it challenging to trace their movements.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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