Venus exploiter swaps BNB, Bitcoin and CAKE for $4.72 million in Ethereum

On-chain analyst EmberCN said the stolen assets were bridged to Ethereum on March 22, while blockchain data indicates the attacker has recovered about $5 million in ETH so far.

BTC
ETH
BNB

Summary

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Terms & Concepts
  • Bridged to Ethereum: Moving crypto assets across blockchain networks using a cross-chain bridge protocol.
  • On-chain data: Public blockchain transaction records that analysts use to trace wallet activity and asset movements.
  • Exploiter: An attacker who uses a protocol vulnerability to extract or move digital assets.