{"id":295405,"date":"2023-02-03T12:05:10","date_gmt":"2023-02-03T12:05:10","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=295405"},"modified":"2023-02-03T12:14:21","modified_gmt":"2023-02-03T12:14:21","slug":"harmony-hacker-moves-726k-worth-of-stolen-weth","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/harmony-hacker-moves-726k-worth-of-stolen-weth\/","title":{"rendered":"Harmony hacker moves $726k worth of stolen WETH"},"content":{"rendered":"

The Harmony Bridge moved 463.82 Wrapped Ethereum (WETH<\/a>) \u2014 worth roughly $726,000 \u2014 of stolen funds into “0xA60C37d8362F6adf61317Bf6306A52d8087127Da” on Feb. 3.<\/p>\n

The new wallet received 463.82 WETH across five transactions and has remained dormant \u2014 without inflows or outflows for roughly an hour as of press time.<\/p>\n

\"Harmony
Harmony Bridge stolen funds on the move (Source: Etherscan)<\/figcaption><\/figure>\n

Blockchain investigator ZachXBT tweeted<\/a> about the shift in stolen funds, including a detailed mapping of the funds' movement through numerous wallets.<\/p>\n

\"Source:
Source: ZachXBT<\/figcaption><\/figure>\n

The case so far<\/h2>\n

On Jan. 23, the Federal Bureau of Investigation (FBI) confirmed<\/a> that the North Korean Lazarus Group was responsible for the 2022 attack on Harmony's Horizon Protocol.<\/p>\n

The FBI said that Lazarus Group and its associated groups were sponsored by the North Korean government and that the FBI were working to recover the stolen crypto.<\/p>\n

On Jan. 31, on-chain analysis revealed<\/a> that the hacker was attempting to move some of the illicit funds using exchanges and the smart contract “Zero Knowledge Proof” system Railgun.<\/p>\n

Funds moved through at least two exchange \u2014 Binance and Huobi \u2014 were frozen. Binance assisted<\/a> in recovering 124 Bitcoin (BTC<\/a>) \u2014 worth $2.58 million \u2014 when the hacker attempted to launder the stolen funds on the exchange.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Harmony Bridge moved 463.82 Wrapped Ethereum (WETH) \u2014 worth roughly $726,000 \u2014 of stolen funds into “0xA60C37d8362F6adf61317Bf6306A52d8087127Da” on Feb. 3. The new wallet received 463.82 WETH across five transactions and has remained dormant \u2014 without inflows or outflows for roughly an hour as of press time. Blockchain investigator ZachXBT tweeted about the shift in […]<\/p>\n","protected":false},"author":1398,"featured_media":295436,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,16041],"tags":[],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"\nHarmony hacker moves $726k worth of stolen WETH<\/title>\n<meta name=\"description\" content=\"Stolen funds worth $726,000 in WETH are on the move by the Harmony hacker \u2014 the FBI are working on recovering the stolen crypto.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/harmony-hacker-moves-726k-worth-of-stolen-weth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Harmony hacker moves $726k worth of 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