Bahrain-based crypto exchange Rain suspected of $14.8M exploit, $14.1M of Bitcoin, Ether, Solana, and XRP transferred to new wallets on April 29.
Rain, a Bahrain-based crypto exchange serving Southwest Asia and the Middle East, is suspected to have been exploited for $14.8M on April 29, as $14.1M worth of Bitcoin, Ether, Solana, and XRP were transferred to new wallets under suspicious circumstances, according to on-chain analyst ZachXBT. The funds were quickly converted into BTC and ETH before being deposited to two destination addresses.
May 13, 2024
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