✉news TechnologyCybersecurity first seen 2 d ago, last 1 d ago, peak #21
Hackers moving stolen funds to Zcash, onchain data shows
Original: Onchain data shows hackers moving stolen funds to Zcash
Onchain data indicates hackers are moving stolen cryptocurrency funds to Zcash, a privacy-focused digital asset that obscures transaction details. The transfers suggest an attempt to make the stolen money harder to trace. Observers in the crypto community are tracking the flows, and the news has renewed debate about how privacy coins are used to launder funds from exchange hacks and other exploits.
Why now: Concern over laundering of stolen crypto through a privacy coin is drawing attention from investors and security watchers
Rank over time, top of the chart is #1. 7 snapshots from 2 d ago to 1 d ago.
Evidence
- Onchain data shows hackers moving stolen funds to Zcash · Crypto News
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