Is It Our Assets Are Safe On Exchanges ?
CertiK first flagged suspicious activity on Feb. 24 at 3:18 am UTC, noting unauthorized transfers from an Infini-related contract on Ethereum (ETH). The hacker granted themselves special access to the account “0xc49b…” and was able to withdraw 49.5 million USD Coin (USDC
After that, the 49.5 million USDC that had been stolen was exchanged for Dai (DAI) and used to purchase 17,696 ETH. Lookonchain subsequently reported that the Ethereum was moved to a new wallet, “0xfcc8…6e49.”