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stETHETH Google ChromeAn unknown person who hacked the Wormhole cross-chain protocol worth over $319 million in February 2022 began moving assets. Wormhole exploiter has converted his ETH to wstETH and is going to borrow DAI against it it seems. pic.twitter.com/9rhERSMG5u — Spreek (@spreekaway) January 23, 2023 A Twitter user under the pseudonym Spreek noticed that the hacker exchanged through DEX– OpenOcean aggregator 95,677 ETH for a “wrapped version” of stETH from the Lido protocol. He then converted the assets to wstETH tokens compatible with DeFi trading platforms. He used the funds as collateral to borrow several amounts in the DAI stablecoin on

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Author: NixCoin