SlowMist Cosine: The Infini hacker is in the process of converting some ETH to DAI

By: theblockbeats.news|2025/07/17 06:32:07
Share
copy

BlockBeats News, July 17th, according to SlowMist's ALEPH.im monitoring, the Infini hacker's new address is currently converting some ETH to DAI. As of the time of writing, this address has obtained 5.87 million DAI by selling ETH.

In February of this year, stablecoin digital bank Infini was attacked, resulting in a loss of approximately $49.5 million.

You may also like

AI Trading in Crypto: How Traders Actually Apply AI in Real Crypto Markets

Artificial intelligence has moved beyond experimentation in crypto markets. In 2025, AI-driven trading tools are increasingly used by traders who want better discipline, faster execution, and more structured decision-making in volatile markets. This guide explains how AI is actually used in crypto trading, step by step — with a focus on how these strategies are executed in real trading environments.

The first large-scale adoption of a "yield-bearing stablecoin" was in China

The digital renminbi has transitioned from "digital cash" to "digital currency".

Market Update — December 31

From South Korea and the OECD accelerating the implementation of crypto regulation and compliance frameworks, to the simultaneous development of TAO ETFs, privacy technologies, mining, and Bitcoin reserves, while security incidents and financial losses continue to rise, the crypto market has entered a new phase amid multiple challenges of "strong regulation + technological evolution + amplified risks."

Lighter Token Distribution Sparks Controversy, Zama Launches USDT Private Transfers, What is the Overseas Crypto Community Talking About Today?

What have foreigners been most interested in for the past 24 hours?

4 Years of Web3 Entrepreneurship: 7 Key Takeaways

Iteration speed, user mindset, and marketing ability are more important than perfect technology.

Can't Beat the Stock Market, Can't Outdo Precious Metals, Is Crypto Really Becoming the Bull Market for "Outsiders"?

Traditional assets are having a blast, but crypto assets are unexpectedly lagging behind.

Popular coins

Latest Crypto News

Read more