Recall the Fantom Foundation's $7 million hack in 2023; the hacker is back with a more advanced masterplan. Let's find out more.

Fantom Foundation Hacker Returns

     Crypto sleuth ZackXBT has revealed that assets worth $3 million were hacked from an unknown wallet on the Tron network. The stolen assets were moved to the Fantom Foundation hacker's Ethereum address, swapped for 1440 ETH, and then laundered using Tornado Cash.

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First Hack of March 2025

     The hacking of an "unknown address" sparked security worries. A crucial concern arises: how does a hacker learn about an unknown address without the private key? This raises the prospect of additional exploitation, necessitating tighter security measures in the cryptoverse.

The need for security

     The cryptoverse had 20 hacks in February 2025, with Bybit's hack exceeding all limitations; even anonymous addresses are no longer secure. As hackers employ new and more complex ways, it is more vital than ever for crypto platforms and users to strengthen security measures.

Originally published at Wubits as thread