NFT News Today TheBittimes.com

The hacker linked to the $300 million Coinbase heist is back in action, continuing to deploy stolen funds, this time on the Ethereum (ETH) network. On-chain Analysis reveals that the wallet linked to the exploit purchased 3,976 ETH, worth $18.9 million, at $4,756 per coin, according to data retrieved by Finbold from Arkham on September 13. This isn’t the attacker’s first move. Over the past week, blockchain analysts have tracked multiple high-value swaps from the wallet, including significant purchases of ETH and stablecoins like DAI. As reported by Finbold in late August, the hacker also bought 38,126 SOL worth about $7.95 million at an average price of $209. On July 20, the wallet added 649.62 ETH valued at $2.31 million, purchased at an average of $3,561 per coin. These transactions suggest a diversification strategy, with the attacker spreading funds across major blockchain ecosystems while routing activity through decentralized exchanges and aggregators t...

A CoinDesk journalist has accused the US government of “weaponising” his old group chat after Tornado Cash and Roman Storm’s defence claimed the prosecution misconstrued evidence. Danny Nelson shared a screenshot of the chat on Monday and claimed it showed a fellow reporter asking for comments on the $600 million Axie Infinity hack, and specifically how someone would cash out that sum.   However, Storm’s defence argued that the government prosecution had wrongly attributed the writing of this message to Alexey Pertsev, one of the developers of Tornado Cash.   Nelson agreed that the evidence has been misrepresented and said, “ Reads a bit differently when you realize it wasn’t him .” The government has weaponized my old group chat to go after Roman Storm One of my former reporter colleagues asked all members of the TornadoCash/CoinDesk group chat to respond to the Axie hack. Prosecutors are presenting this message as Alexey Pertsev's. Reads a bit… pic.twitter.com/...