Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»TRADING NEWS»Rain cryptocurrency exchange reportedly hacked for $15 million
TRADING NEWS

Rain cryptocurrency exchange reportedly hacked for $15 million

By Crypto FlexsMay 13, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Rain cryptocurrency exchange reportedly hacked for  million
Share
Facebook Twitter LinkedIn Pinterest Email

Blockchain detective ZachXBT suspects a hack of the Rain cryptocurrency exchange.

In a blog post, researchers shared speculation that Rain was likely hacked for $14.8 million on April 29. Rain is a cryptocurrency exchange and custodian serving the Middle East, Türkiye, and Pakistan.

ZachXBT claims that suspicious leaks have been detected from Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Ripple (XRP) wallets. To prove his assumption, ZachXBT shared two addresses where the stolen funds were likely located.

However, ZachXBT emphasized that Rain has not made any statement regarding this incident.

“Rain is currently not making any statement regarding the incident.”

Blockchain Detective, ZachXBT

Last month, decentralized cryptocurrency exchange FixFloat became the victim of an exploit that resulted in approximately $2.8 million being withdrawn from hot wallets.

Suspicious accounts also received additional funds via ETH, USDT, WET, DAI, and USDC. To prevent issuer assets from being frozen, stablecoins USDT and USDC were quickly converted to ETH through several decentralized exchanges.

Despite recent security exploits, cybercrime losses in April were the lowest on record since 2021. According to CertiK, cryptocurrency projects lost a total of $25.7 million last month.

There were 11 cases of private key leakage, which is one of the main causes of hacking projects, a 141% decrease compared to March.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025

Why I am still optimistic despite noise

June 26, 2025
Add A Comment

Comments are closed.

Recent Posts

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 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

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025
Most Popular

Bitcoin price hit a new low in June and open interest remained above $35 billion.

June 11, 2024

BSTR Cloud Mining Platform, more than 5 million users around the world trust, and the average daily income is over $ 33,800.

May 27, 2025

BlackRock, Valkyrie Name Official Participants Into Bitcoin ETF, Including JPMorgan

December 31, 2023
  • 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.