Hundreds of crypto wallets drained across EVM chains, root cause still unidentified: ZachXBT
Summary
Onchain sleuth ZachXBT reported that hundreds of cryptocurrency wallets across various EVM chains are being drained, with the attack still ongoing and the root cause unidentified. The attacker targets many wallets for relatively small amounts, typically under $2,000 per victim, leading to cumulative losses of approximately $107,000 as of the latest update. ZachXBT flagged a suspicious address (0xAc2e5153170278e24667a580baEa056ad8Bf9bFB) but has not publicly identified the perpetrator or the entry point.
This incident occurs amidst a broader trend of crypto exploits; December saw $76 million lost across 26 major exploits, a significant drop from November's $194.27 million. This follows a recent security incident involving Trust Wallet's browser extension, which resulted in about $7 million in losses over the Christmas holiday, prompting the company to initiate a compensation process.
(Source:The Block)