Balancer Exploiter Swaps $120M ETH to BTC via ThorChain

A Balancer exploiter recently converted $120 million worth of Ethereum (ETH) into Bitcoin (BTC). This significant transaction was executed using ThorChain, a decentralized cross-chain liquidity protocol. The major movement of funds by the attacker has reportedly sent shockwaves throughout the cryptocurrency market.

Detected & updated continuously · Source: Nebula

Mentioned

THORChain (rune)Balancer (bal)