Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»Wormhole initially involved its own hackers in the 670 million token airdrop.
ADOPTION NEWS

Wormhole initially involved its own hackers in the 670 million token airdrop.

By Crypto FlexsApril 4, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Wormhole initially involved its own hackers in the 670 million token airdrop.
Share
Facebook Twitter LinkedIn Pinterest Email

Posted 1 minute ago In ~

Crosschain Protocol worm-hole female

-23.077%
Initially, the 2022 exploit in the latest airdrop event allocated tokens to wallets belonging to one or more hackers.

“Wormhole forgot to exclude exploiters from airdrops.” famous A cryptocurrency user with the pseudonym Pland on

About four addresses involved in the hack were allocated 31,600 W tokens, worth about $38,000.

The tokens were initially allocated to this address, but have now been removed from allocation, according to sources familiar with the situation.

address It was owned by a hacker who stole 120,000 ETH from the 2022 Interoperability Protocol. At the time, the hacked amount amounted to approximately $323 million, making the attack one of the largest hacks in the history of decentralized finance.

Wormhole’s airdrop event attracted significant attention from the cryptocurrency community. Initial announcementAccording to , $1.25 billion worth of W tokens have been traded since the event began. data From CoinGecko.

The price of W token, which rose to $1.66, continued to fluctuate throughout the day. It is currently $1.21 at the time of publication.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

About the author

Danny Park is The Block’s East Asia reporter, writing about topics including Web3 development and cryptocurrency regulation in the region. He previously worked as a reporter for Forkast.News, where he actively covered the fall of Terra-Luna and FTX. Based in Seoul, Danny previously produced written and video content for media companies in Korea, Hong Kong and China. He holds a Bachelor’s degree in Journalism and Business Marketing from the University of Hong Kong.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

SOL Leverage Longs Jump Ship, is it $ 200 next?

September 24, 2025

Bitcoin Treasury Firm Strive adds an industry veterans and starts a new $ 950 million capital initiative.

September 16, 2025

The best Solana depin project to form the future -Part 2

September 8, 2025
Add A Comment

Comments are closed.

Recent Posts

Pepeto Highlights $6.8M Presale Amid Ethereum’s Price Moves And Opportunities

September 26, 2025

LYS Labs Moves Beyond Data And Aims To Become The Operating System For Automated Global Finance

September 26, 2025

Dexari Unveils $1M Cash Prize Trading Competition

September 26, 2025

How to solve the XPL perp defect

September 26, 2025

Detect the full execution bug with the induction pursing of Wake

September 25, 2025

KuCoin Appeals FINTRAC Decision, Reaffirms Commitment To Compliance

September 25, 2025

Phemex Revamps Blog To Deliver Deeper Insights And Enhanced Reader Experience

September 25, 2025

T-REX Launches Intelligence Layer To Fix Web3’s Value Distribution Problem

September 25, 2025

Are you doing a fair deal?

September 25, 2025

The method of transforming ASTER WHALES into panic is as follows.

September 25, 2025

Hyperliquid launches USDH Stablecoin issued by Native Markets

September 25, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Pepeto Highlights $6.8M Presale Amid Ethereum’s Price Moves And Opportunities

September 26, 2025

LYS Labs Moves Beyond Data And Aims To Become The Operating System For Automated Global Finance

September 26, 2025

Dexari Unveils $1M Cash Prize Trading Competition

September 26, 2025
Most Popular

US lawmakers push for legislation against deepfake images in response to Taylor Swift incident

January 27, 2024

RocketX Announces API Beta Launch for Multichain Cryptocurrency Swaps

November 26, 2023

Bitcoin Price finally 1,550% that the ‘BTC RISK-OFF’ metrics fell low

May 7, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.