The WUSD/GLOVE pool on Ethereum suffered an exploit that resulted in an estimated loss of about $207,000, according to PeckShield (blockchain security firm). PeckShield said the attacker swapped the stolen assets into roughly 98 ETH before moving the funds into Railgun (privacy-focused Ethereum protocol). Converting stolen tokens into ETH is a common step in crypto exploits because it can simplify transfers and improve liquidity, while privacy protocols are often used to reduce traceability of fund movements on public blockchains.