November 8, 2024

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EtherHiding: Why hackers may prefer Binance’s BNB Smart Chain

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EtherHiding: Why hackers may prefer Binance’s BNB Smart Chain

Despite the name “EtherHiding,”

The 0xScope team told Cointelegraph they recently tracked the money flow between hacker addresses on BNB Smart Chain and Ethereum.

Key addresses were linked to NFT marketplace OpenSea users and Copper custody services, it reported.

Payloads were updated daily across 18 identified hacker domains. This sophistication makes EtherHiding hard to detect and stop, the firm concluded.

Magazine: Should crypto projects ever negotiate with hackers? Probably