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Altcoin Cointelegraph

WazirX hacker funnels $149M of SHIB, MATIC other altcoins into ETH

Blockchain security firms say bad actors typically move altcoins into Ether to prepare for laundering, as the native token has no built-in means to get frozen.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

WazirX hacker funnels $149M of SHIB, MATIC other altcoins into ETH

Blockchain security firms say bad actors typically move altcoins into Ether to prepare for laundering, as the native token has no built-in means to get frozen.

Why this matters

This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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