The hacker who accessed a US government wallet containing approximately $20 million from the 2016 Bitfinex hack returned $19.3 million within 24 hours of the theft. Security firm CertiK reported a 9.5% increase in crypto losses in Q3 2024, totaling over $750 million stolen by various threat actors. The returned funds included about 2,412 Ether, 7,200 Circle-USD, and $13.2 million in staked USDC while approximately $700,000 was sent to instant exchanges and remains unreturned. The motivation behind the attack and the hacker's identity are unknown, but this incident highlights ongoing vulnerabilities in the crypto landscape. Additionally, other hacks in October, including breaches at Radiant Capital and Ambient Finance, reflect a trend of increasing cyber threats in the crypto space.

Source 🔗