ZachXBT: Cryptocurrency exchange Rain may lose up to $14.8 million
Blockchain investigator ZachXBT claimed that the Bahrain cryptocurrency exchange Rain "may have been exploited for $14.8 million." The vulnerability occurred on "April 29, 2024, when Rain's BTC, ETH, SOL, and XRP wallets experienced suspicious fund outflows." The funds were quickly transferred to an instant exchange and exchanged for BTC and ETH.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Japanese Firm Metaplanet Expands Bitcoin Holdings with $11M Bond Issuance
BREAKING: MicroStrategy Buys $4.6 Billion in Bitcoin
How Has Nvidia Performed Compared to Bitcoin in the Last 5 Years?
Will Cardano Face Another Drop Before Year-End?