Hackers and fraudsters used crypto bridge RenBridge to launder $540 million, says report

By cineramaAugust 10, 2022DeFi

Hackers, fraudsters, and others laundered at least $540 million through the cryptocurrency bridge network RenBridge since 2020, according to blockchain analysis group Elliptic. Elliptic researchers published the report today, […]

Click here to view full article

Disclaimer

The statements, opinions and data contained on this site are solely those of the individual authors and contributors and not of the publisher of www.bitcoinisle.com. All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured primarily from third party sources. We make no warranties of any kind in relation to our content and services, including but not limited to accuracy, security and updatedness. No part of the content and services that we provide constitutes financial advice, legal advice or any other form of advice. Any use or reliance on our content and services is solely at your own risk and discretion. You should conduct your own research, review, analyze and verify our content and services before relying on or using them. Participating in cryptocurrency activities is a highly risky endeavor, please therefore consult your financial advisor before making any monetary decisions. No content on our Site is meant to be a solicitation or offer.

Hackers and fraudsters used crypto bridge RenBridge to launder $540 million, says report

Tags:

Breaking News…

Previous PostHumble Bundle's Choice membership is a great way to build a massive library of PC games for cheap — here's why it's worth $12 a month

Next PostOptimism TVL surges nearly 300% M/M ahead of The Merge upgrade

Disclaimer