LayerZero: Executor Wallets Drained of $2.4M
LayerZero_Core Executor wallets compromised for $2.4M across eight chains, with attacker converting most to 956 ETH and $322K USDC on Ethereum.
SourceAnalysis
LayerZero_Core Executor wallets were compromised, draining $2.4M in crypto across BNBChain, Base, Arbitrum, Avalanche, Optimism, Mantle, Plasma and Ethereum according to PeckShieldAlert.
The attacker bridged proceeds to Ethereum and swapped the bulk into 956 ETH worth $1.79M plus $322K USDC.
ETH price action on the 4h chart sits at $1884.64 above the EMA50 support at $1796.09 with MACD golden cross at 24.95 confirming bullish structure, yet price pressing the upper Bollinger band at $1905.28 alongside neutral RSI at 68.84 points to short-term volatility exhaustion that could pull ETH back toward the 50-EMA before any continuation higher.
PeckShieldAlert
@PeckShieldAlertPeckShield is a prominent blockchain security firm that provides comprehensive solutions aimed at safeguarding the blockchain ecosystem.
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