Home/Crypto Live News/Parity Wallet Hacker Moves $9 Million in Ethereum, $246 Million Still Under Control
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Author: Qadir AK
Qadir AK 
Author
Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
May 13, 2024 22:40
Cyver Alerts took to X, highlighting the Parity wallet hacker moved 3050 ETH worth $9 million through the eXch platform. The vulnerability in Parity’s Multisig Wallet version 1.5+ allowed the perpetrator to get away with a staggering amount of Ethereum, causing substantial financial losses. With 83,017 ETH, valued at a staggering $246.6 million, remaining untouched at the primary address, the hacker retains a sizeable sum in control. The recent activity reignites discussions on security measures in crypto space and threats in blockchain platforms.
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