coin-img-BTCBTC-0.19%coin-img-ETHETH-2.06%coin-img-SOLSOL-2.64%coin-img-XRPXRP-2.25%coin-img-HOGRUNHOGRUN+100.00%coin-img-SMARTTOOLSSMARTTOOLS+8.43%coin-img-CHIPCHIP+37.74%coin-img-USDCUSDC-0.02%coin-img-BTCBTC-0.19%coin-img-ETHETH-2.06%coin-img-SOLSOL-2.64%coin-img-XRPXRP-2.25%coin-img-HOGRUNHOGRUN+100.00%coin-img-SMARTTOOLSSMARTTOOLS+8.43%coin-img-CHIPCHIP+37.74%coin-img-USDCUSDC-0.02%coin-img-BTCBTC-0.19%coin-img-ETHETH-2.06%coin-img-SOLSOL-2.64%coin-img-XRPXRP-2.25%coin-img-HOGRUNHOGRUN+100.00%coin-img-SMARTTOOLSSMARTTOOLS+8.43%coin-img-CHIPCHIP+37.74%coin-img-USDCUSDC-0.02%coin-img-BTCBTC-0.19%coin-img-ETHETH-2.06%coin-img-SOLSOL-2.64%coin-img-XRPXRP-2.25%coin-img-HOGRUNHOGRUN+100.00%coin-img-SMARTTOOLSSMARTTOOLS+8.43%coin-img-CHIPCHIP+37.74%coin-img-USDCUSDC-0.02%

Alleged KelpDAO Hacker Swaps ETH for BTC via THORChain

An address linked to the recent rsETH-related exploit swapped nearly all of its holdings of about 75,700 ETH, valued at roughly $175 million, into BTC over roughly 36 hours, primarily via cross-chain liquidity protocol THORChain, according to blockchain analytics cited by Wu Blockchain on X. Wu Blockchain reported that the transactions generated approximately $800 million in trading volume and about $910,000 in fees on THORChain. The activity follows an exploit involving rsETH that affected several DeFi protocols, including Aave.
ETH
ETH-2.07%
BTC
BTC-0.20%
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