150,000,000,000 Shiba Inu (SHIB) Swapped by Hackers: What Happened?

  • Blockchain security company PeckShield reports that addresses known as Bitrue Exploiters have exchanged roughly 150 billion Shiba Inu (SHIB) and 756 million Holochain (HOT) tokens for about 1,500 Ethereum (ETH). A substantial portion of the 1,050 ETH that was transferred after this exchange was promptly transferred into TornadoCash, a well-known cryptocurrency mixer that is known for its ability to hide transaction histories.