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Suspicious outflows detected from wallet linked to Mask Network founder Trending Global News

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  • February 27, 2025
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Onchain Cybersecurity platform cords discovered suspected outflow on 27 February. From a address associated with Suji Yan, founder of Mask Network.

According to Cyrers, other flagged addresses received about 4 million dollars in cryptocurrency, mainly in Ether (Ath) -Linked tokens.

Stolen digital assets included 113 ETHs, including more than $ 265,000 at the time of writing, 923 Vaths, 301 Azheth, 156 Weth, 90 PUFET, 48,400 masks, 50,000 USDT (USDT) and 15 sweat.

Detecting compromised transactions flow. Source: Cyver alert

Following the initial agreement, the fund was then swapped to Eth and was funnel through six separate wallet addresses, one of the aggressive purse ending in “DF7”. Cyvers co-founder Mir Dolev told coinalagraph:

“This phenomenon underlines the growing refinement of danger actors in the web 3 space and highlights the immediate need for real -time transaction monitoring, predetermined prevention and rapid incident’s response.”

The incident is the latest in a recent string of high-profile hacks and adventures, with $ 1.4 billion bibet hack on 21 February and pump on 26 February. Social media hack is included.

Connected: Sony to Baibit: How Lazarid Group Crypto became a supervilling

Crypto industry shaken by sophisticated hacking techniques

Recently, forensic investigation at Baibit Hack shows that the credentials of a safetal developer were exploited and the Bibit team was targeted.

According to a statement issued by Safe team, exploitation did not affect any code for its front-end services or its smart contract.

Instead, the hackers used the agreement system to attack the user interface – the bibit appears to be sending legitimate transactions and then transformed funds from malicious transactions into a separate hardware wallet.

However, Ganosis Blockchain Network co-founder Martin Coppelman, who spread safely and safely, Said He can only guess how hackers used exploitation to trick several saints from the Baibit team.

Crypto’s executive stated that the Lazarus Group, is believed to be strongly believed behind the attack, possibly avoided attacking other accounts using safe products to avoid detection and to avoid giving their strategy.

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