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The Big Shock; $27.3 Million were Stolen from PeckShield

The Big Shock; $27.3 Million were Stolen from PeckShield

PeckShield is a leading industry blockchain security company. It's was founded in 2018 by former Quhoo 360 Chief Scientist Xuxian Jiang and other business investors. The monitoring team of PeckShield earlier announced to the general public that a hack was carryout resulting to the loss of $27.3 million. According to the team report, the hacker successfully infiltrated and took control of a multi-signature wallet resulting to the disappearance of the said amount.

The monitoring team further stated that the hacker recently withdraws 1,000 ETH which is approximately $3.24 million from Aave and thereafter laundered it through TornadoCash.

Security also analyzed data which reveal that the hacker currently holds a leveraged long position worth $9.75 million, including $20.5 million in Ethereum (ETH) against $10.7 million. The big shock is users of the platform are in panic moods where to where things will currently move to.

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WiseKing
WiseKing

Writer and Researcher of Academic content


EduCrypto
EduCrypto

EduCrypto is a Blockchain, Technology, and Education-focused platform that inform readers, writers and crypto enthusiastic on what happening around Tech and Cryptocurrency world.

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