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Dormant Ethereum Wallets Being Drained in a New Kind of Exploit, Funds Laundered on Thorchain

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Dormant Ethereum Wallets Being Drained in a New Kind of Exploit, Funds Laundered on Thorchain

A new kind of crypto exploit has emerged in the Ethereum ecosystem, with inactive wallets that were inactive for more than 8 years now facing a series of attacks.

A few also claim that these are activities of Quantum Hackers; however, that is not true as an Ethereum public key is at least 32KB and has a 256-bit encryption, much beyond the current capacity of quantum tech, which can only decode up to 15-bit encryption.

Find a snapshot of the same below.

Old Wallets Being Drained by Hackers

Further, hackers are using Thorchain to launder the stolen funds.

It is suggested that you change your wallets to new ones and use trusted wallet providers.

Source: A2Z Cryptocurrencies

submitted by /u/tractorix
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