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ZachXBT: Cryptocurrency exchange Rain may lose up to $14.8 million

CointimeCointime2024/05/13 14:52
By:Cointime

Blockchain investigator ZachXBT claimed that the Bahrain cryptocurrency exchange Rain "may have been exploited for $14.8 million." The vulnerability occurred on "April 29, 2024, when Rain's BTC, ETH, SOL, and XRP wallets experienced suspicious fund outflows." The funds were quickly transferred to an instant exchange and exchanged for BTC and ETH.

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