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

TD Cowen lowers strategic target for Bitcoin outlook to $260 and calls new capital framework ‘constructive’

July 1, 2026

MoneyGram became a Solana validator and staked SOL to strengthen its blockchain role.

June 23, 2026

ETH Triple Top Rejects $2.4K as Analysts Show Weakness Against BTC

June 15, 2026
Add A Comment

Comments are closed.

Recent Posts

The creator of Bollinger Bands suggests Bitcoin could end its bearish trend.

July 4, 2026

UK Online Leisure in 2026: How will cryptocurrency-friendly entertainment grow?

July 3, 2026

$437 Billion In Trading Volume, Offering Access To 7,000+ US Stocks And ETFs

July 3, 2026

Guardian Rewards – Vault12

July 2, 2026

Seamless Spending With Up To 120 USDT In Rewards

July 2, 2026

Banks Move on Euro Stablecoins

July 2, 2026

ORBS) Reports Total Holdings Of Approximately $386 Million, Includes OpenAI, Beast Industries, More Than 16,000 ETH And Over 283 Million WLD Tokens

July 2, 2026

JPMorgan Chase CEO opposes the Clarity Act and said banks will fight the bill in upcoming price hikes.

July 2, 2026

CZ blocks ETF withdrawal with $1 million Bitcoin call

July 2, 2026

Valle Capital Token Launches RWA And Agribusiness Ecosystem

July 1, 2026

Chainlink Price Prediction: Record Network Growth Meets Weak Tech

July 1, 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

The creator of Bollinger Bands suggests Bitcoin could end its bearish trend.

July 4, 2026

UK Online Leisure in 2026: How will cryptocurrency-friendly entertainment grow?

July 3, 2026

$437 Billion In Trading Volume, Offering Access To 7,000+ US Stocks And ETFs

July 3, 2026
Most Popular

Many features have been added to Wolf’s Moon slot!

May 21, 2024

Ethereum ETF Launch Countdown Everything you need to know before launch

January 29, 2024

The US spot Ethereum ETF continued its negative outflow streak, recording a net outflow of $98.3 million.

July 30, 2024
  • 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.