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Coinbase Hacker Taunts ZachXBT With Onchain Message After $43M THORChain Swap
- In May 2024, hackers connected to the Coinbase breach converted approximately $42.5 million worth of Bitcoin into Ethereum using the decentralized swapping platform THORChain, then sent a mocking on-chain message directed at blockchain analyst ZachXBT.
- The incident followed a data breach disclosed May 11, 2024, exposing at least 69,400 Coinbase users and involving over 188 Bitcoin stolen, some laundered through THORChain.
- The hacker used Ethereum’s input data feature to send messages like "L bozo" to ZachXBT and moved 8,698 ETH to an address marked "Fake_Phishing1158790" shortly after.
- ZachXBT pointed out that all the Bitcoin involved can be traced back to a theft targeting Coinbase users during a data breach.
- The event underscores ongoing tensions between centralized exchange vulnerabilities and decentralized protocols like THORChain, while Coinbase faces remediation costs estimated between $180 million and $400 million.
26 Articles
26 Articles
Coinbase Hacker Taunts ZachXBT With Onchain Message After $43M THORChain Swap
A hacker accused of stealing over $300 million from Coinbase taunted blockchain investigator ZachXBT with an onchain message after converting $43 million via THORChain. Blockchain sleuth ZachXBT says the malicious actor who allegedly stole more than $300 million from Coinbase users recently by bribing customer support personnel has been trolling him onchain. A screenshot of the onchain transaction posted on X shows that the person sent ZachXBT $…
Coinbase Exploit – Hacker Moved $42.5M via THORChain and Left a Message for ZachXBT - Bitcoinsensus
It seems like this month has turned out to be another unlucky one — and once again, we have news of a Coinbase exploit – hacker moved $42.5M via THORChain and left an on-chain message as noted by ZachXBT. What’s Going On with Coinbase Security? Not long ago, we covered a Coinbase security incident involving losses of up to $400M and a sensitive data breach affecting 69,461 individuals – and it’s not over yet. After several weeks of dormancy, an …
Coinbase Hackers Taunt Investigator During $45M Crypto Laundering Spree News ETHNews
Coinbase hackers mocked investigator ZachXBT on Ethereum, laundering $45M via THORChain and DAI conversions, per blockchain data. Attackers converted 17,778 ETH ($45M) into DAI via THORChain, blockchain analysts reported, complicating fund tracking. The perpetrators behind a Coinbase data breach that exposed sensitive information of nearly 70,000 users have publicly mocked blockchain investigator ZachXBT while laundering $45 million in stolen cr…
Thief Behind Massive Coinbase Exploit Swaps Stolen Crypto and Trolls On-Chain Sleuth ZachXBT - The Daily Hodl
The thief behind the massive Coinbase exploit earlier this month has begun swapping their stolen crypto. On Wednesday, pseudonymous on-chain investigator ZachXBT noted on Telegram that the exploiter had swapped $42.5+ million worth of Bitcoin (BTC) into Ethereum (ETH) via the decentralized liquidity protocol THORChain (RUNE). ZachXBT also notes that the thief trolled him with an on-chain message that said “L bozo” and linked to a YouTube video o…
DailyTruthReport
Thief Behind Massive Coinbase Exploit Swaps Stolen Crypto and Trolls On-Chain Sleuth ZachXBT
The thief behind the massive Coinbase exploit earlier this month has begun swapping their stolen crypto. On Wednesday, pseudonymous on-chain investigator ZachXBT noted on Telegram that the exploiter had swapped $42.5+ million worth of Bitcoin (BTC) into Ethereum (ETH) via the decentralized liquidity protocol THORChain (RUNE). ZachXBT also notes that the thief trolled him with an... The post Thief Behind Massive Coinbase Exploit Swaps Stolen Cryp…
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