List of Flash News about chainhopping
Time | Details |
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2025-06-16 14:18 |
Zkasino Funds Laundered via Chainhopping on ZkSync, Starknet, EVM, Solana in 2024: Crypto Market Impact and Trading Insights
According to ZachXBT, in late 2024, after Elham's release, funds stolen from Zkasino were laundered using chainhopping techniques across ZkSync, Starknet, EVM-compatible chains, and Solana. The funds were dispersed through multiple channels: cashing out to OTC brokers, converting to XMR via instant crypto exchanges, and trading across networks. These laundering activities have increased cross-chain transaction volumes and heightened scrutiny on privacy coins and decentralized exchanges, directly impacting liquidity, risk assessment, and trading strategies for assets like SOL and XMR. (Source: ZachXBT on Twitter, June 16, 2025) |
2024-12-13 15:33 |
ZachXBT Highlights Risks of Chainhopping for Threat Actors
According to ZachXBT, chainhopping is a frequent tactic used by threat actors. He notes that neither Socket nor third-party bridges can mitigate this issue, as one can simply verify the transaction hash on the bridge explorer, socketscan.io. |