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News

Stake.com Attacker Moves 300 BNB, Ties to AVAX Network

September 11, 2023 - Around 2 mins mins to read

Key Points:

  • Stake.com attacker (0xE03a) moves 300 BNB to 0x695A…Ad894.
  • Funds now linked to Avalanche (AVAX) network, raising intrigue.
The attacker behind the Stake.com incident, identified by the wallet address starting with 0xE03a, executed a bold move by transferring 300 BNB to the address 0x695A…Ad894, effectively connecting the ill-gotten funds to the Avalanche (AVAX) network.
Stake.com Attacker Moves 300 BNB, Ties to AVAX Network

This revelation has sent shockwaves through the crypto world, as the attacker’s actions raise questions about their intentions and the potential implications for the AVAX network.

PeckShield detected the transfer and promptly reported it. The 300 BNB transfer signifies a significant shift in the ongoing saga involving Stake.com, where the attacker initially exploited vulnerabilities and compromised the platform’s security.

The decision to move the funds to an address associated with AVAX adds complexity to the situation. It prompts speculation about the attacker’s motives, whether it be a strategic move to obscure their tracks or an attempt to engage with the AVAX ecosystem.

image 312

The crypto community is closely monitoring this development, awaiting further insights from PeckShield and other security experts. As the investigation unfolds, it underscores the importance of robust security measures within the blockchain and cryptocurrency space.

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.

AVAX Network

stake.com

Stake.com Attacker

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Author

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.
News

Stake.com Attacker Moves 300 BNB, Ties to AVAX Network

Key Points:

  • Stake.com attacker (0xE03a) moves 300 BNB to 0x695A…Ad894.
  • Funds now linked to Avalanche (AVAX) network, raising intrigue.
The attacker behind the Stake.com incident, identified by the wallet address starting with 0xE03a, executed a bold move by transferring 300 BNB to the address 0x695A…Ad894, effectively connecting the ill-gotten funds to the Avalanche (AVAX) network.
Stake.com Attacker Moves 300 BNB, Ties to AVAX Network

This revelation has sent shockwaves through the crypto world, as the attacker’s actions raise questions about their intentions and the potential implications for the AVAX network.

PeckShield detected the transfer and promptly reported it. The 300 BNB transfer signifies a significant shift in the ongoing saga involving Stake.com, where the attacker initially exploited vulnerabilities and compromised the platform’s security.

The decision to move the funds to an address associated with AVAX adds complexity to the situation. It prompts speculation about the attacker’s motives, whether it be a strategic move to obscure their tracks or an attempt to engage with the AVAX ecosystem.

image 312

The crypto community is closely monitoring this development, awaiting further insights from PeckShield and other security experts. As the investigation unfolds, it underscores the importance of robust security measures within the blockchain and cryptocurrency space.

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.

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