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Thursday, August 8, 2024
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    HomeMarketSouth Korean cryptocurrency alternate GDAC hacked for $13 million

    South Korean cryptocurrency alternate GDAC hacked for $13 million


    • South Korean inventory alternate GDAC reported the hack on Monday.
    • The alternate reported that the hackers stole practically 61 BTC, 350.5 ETH, 10 million WEMIX tokens and $220,000.
    • Community knowledge exhibits that the hacker transformed USDT to ETH and despatched 461 ETH to the cryptocurrency mixer.

    Crypto information from South Korea is that hackers have stolen practically 13 million from cryptocurrency alternate GDAC. The alternate reported that the incident occurred on Sunday.

    In accordance with the alternate’s safety replace, the hackers transferred roughly 61 bitcoins, 350 ether, 10 million WEMIX tokens and $220,000 from its pockets.

    In complete, GDAC was left with roughly $13 million in stolen cryptocurrency because of the hack.

    Because of the hack, GDAC shut down its pockets system, halting deposits and withdrawals. The alternate additionally introduced that it had reported the hack to South Korean police, requesting a cyber investigation.

    Hacker sends 461 ETH to Twister Money

    GDAC mentioned the property have been taken from its sizzling pockets and the hackers moved the cash to an unknown cryptocurrency pockets.

    Whereas GDAC says it’s working with Korean safety consultants and authorities to get better the funds, cryptocurrency market intelligence agency Arkham stories that the hacker exchanged USDT for ETH.

    Blockchain intelligence platform revealed on Monday that the attacker had already despatched roughly 461 ETH to cryptocurrency mixing platform Twister Money.

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