Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • 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

ETH ETF loses $242M despite holding $2K in Ether

February 15, 2026

Hong Kong regulators have set a sustainable finance roadmap for 2026-2028.

January 30, 2026

ETH has recorded a negative funding rate, but is ETH under $3K discounted?

January 22, 2026
Add A Comment

Comments are closed.

Recent Posts

Bitcoin price fell as $65,000 became a battleground.

February 15, 2026

BYDFi joins Solana to accelerate APAC from Hong Kong Consensus and expand participation in Solana ecosystem

February 15, 2026

Tomasz’s update | Ethereum Foundation Blog

February 15, 2026

ETH ETF loses $242M despite holding $2K in Ether

February 15, 2026

Cryptocurrency Inheritance Update: January 2026

February 14, 2026

Pepe Price Prediction – What Are the Best Meme Coins to Buy During the Crypto Market Crash?

February 14, 2026

Monoup Unveils Ways For Crypto Payments Optimization In Digital Business

February 14, 2026

Crypto Casinos – How Blockchain Is Redefining Trust In Online Gambling

February 14, 2026

Boerse Stuttgart Digital merges with Tradias to create European cryptocurrency hub

February 13, 2026

Zerion Opens Enterprise Wallet Data API To All Developers

February 13, 2026

transaction – How to programmatically determine which Tx consumed an OutPoint

February 12, 2026

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

Bitcoin price fell as $65,000 became a battleground.

February 15, 2026

BYDFi joins Solana to accelerate APAC from Hong Kong Consensus and expand participation in Solana ecosystem

February 15, 2026

Tomasz’s update | Ethereum Foundation Blog

February 15, 2026
Most Popular

Bitcoin Price Breaks Above $66,000 — Is BTC Bullish Again?

April 25, 2024

Bernstein Analyst Predicts When Bitcoin Price Will Turn Bullish Again

August 6, 2024

John McAfee’s widow launches memecoin, but some suspect it is a scam

January 23, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2026 Crypto Flexs

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