{"id":74009,"date":"2023-02-13T15:49:16","date_gmt":"2023-02-13T13:49:16","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=74009"},"modified":"2025-09-09T17:42:23","modified_gmt":"2025-09-09T14:42:23","slug":"wormhole-hacker-moved-assets-worth-46-million","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/wormhole-hacker-moved-assets-worth-46-million\/","title":{"rendered":"Wormhole hacker moved assets worth $46 million"},"content":{"rendered":"<p>An unknown hacker who breached the Wormhole cross-chain protocol in February 2022 has once again moved assets totaling $46 million. PeckShield notes this.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/PeckShieldAlert?src=hash&#038;ref_src=twsrc%5Etfw\">#PeckShieldAlert<\/a> The Wormhole Network Exploiter 0x629e supplied $46M worth of cryptos, including 24.4k <a href=\"https:\/\/twitter.com\/search?q=%24wstETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$wstETH<\/a> ($41.4M) &#038; 3k <a href=\"https:\/\/twitter.com\/search?q=%24rETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$rETH<\/a> (~$5M), to MakerDAO for 16.6M <a href=\"https:\/\/twitter.com\/search?q=%24DAI&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$DAI<\/a> &#038; used them to buy 9.75k <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a> ($ETH at $1,537) &#038; 1k <a href=\"https:\/\/twitter.com\/search?q=%24stETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$stETH<\/a> ($ETH at $1,543), then wrapped them for ~9.7k <a href=\"https:\/\/twitter.com\/search?q=%24wstETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$wstETH<\/a> <a href=\"https:\/\/t.co\/BRfygHgpit\">pic.twitter.com\/BRfygHgpit<\/a><\/p>\n<p>\u2014 PeckShieldAlert (@PeckShieldAlert) <a href=\"https:\/\/twitter.com\/PeckShieldAlert\/status\/1624630615894286336?ref_src=twsrc%5Etfw\">February 12, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The hacker&#8217;s wallet held about 24,400 wstETH in the Lido Finance protocol, worth about $41.4 million, and 3,000 rETH in Rocket Pool, worth up to $5 million. All of these were moved to MakerDAO.<\/p>\n<p>Researchers speculate the hacker is seeking opportunities for arbitrage trading of the stolen funds. At first, he swapped them for 16.6 million DAI, then bought 9,750 ETH at around $1,537 and 1,000 stETH. Later, he again moved into 9,700 wstETH.<\/p>\n<p>PeckShield noted that the hacker was buying on dips. However, at the time of writing, Ethereum&#8217;s price had fallen to $1,490, according to <a href=\"https:\/\/www.coingecko.com\/uk\/coins\/ethereum\">CoinGecko<\/a>.<\/p>\n<p>As reported earlier, the Wormhole incident was <a href=\"https:\/\/u1f987.com\/en\/news\/report-crypto-industry-losses-from-hacks-in-2022-rise-to-3-6-billion\">one of the largest<\/a> losses in 2022 \u2014 the hacker stole $319 million in wETH.<\/p>\n<p>On January 24, he <a href=\"https:\/\/u1f987.com\/en\/news\/wormhole-protocol-hack-hacker-moved-assets-worth-157-million\">sent 95,630 ETH<\/a> (about $157 million) to the OpenOcean DEX exchange, and then converted into ETH-pegged assets, including stETH and wstETH from Lido.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An unknown hacker who breached the Wormhole cross-chain protocol in February 2022 has again moved assets totaling $46 million.<\/p>\n","protected":false},"author":1,"featured_media":74010,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1154],"class_list":["post-74009","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-crimes"],"aioseo_notices":[],"amp_enabled":true,"views":"26","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/74009","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=74009"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/74009\/revisions"}],"predecessor-version":[{"id":74011,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/74009\/revisions\/74011"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/74010"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=74009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=74009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=74009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}