Rain cryptocurrency exchange was hacked for $14.8 million

14.05.2024
14.05.2024

A ZachXBT analyst reported that the Rain crypto exchange was likely hacked for $14.8 million.

The exploit occurred on April 29, 2024. Suspicious outflows of BTC, ETH, SOL and XRP were detected on exchange wallets. All withdrawn funds were converted into BTC and ETH.

Rain is popular in the Middle East market.

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