Hackers Stole Millions Of Dollars From These Ethereum Addresses: Here’s the Full Number!

According to data from Etherscan, a hacker Profanity multiple created with a tool called Ethereum (ETH) He stole $3.3 million from his address.

Hackers Steal $3.3M From Ethereum ‘Vanity Addresses’ Created With Profanity Tool

Anonymous security analyst ZachXBT first noticed the attack.

Vanity addresses are a type of private wallet with identifiable names or numbers inside.

These wallets are primarily used for showing off in the crypto industry, just as car owners overpay for custom license plates.

These addresses can be created using specific tools. One of these tools is Profanity.

Last week, the decentralized exchange platform 1inchpublished a security report claiming that “vanity addresses” created with Profanity are not secure.

According to 1inch, private keys linked to addresses generated by Profanity can be obtained by mechanical calculations.

But the security issue highlighted by 1inch still could not be fixed. According to the anonymous developer who goes by the name “johguse”, development work on Profanity stopped a few years ago.

Even before 1inch’s report, the developer named “johguse” noticed the vulnerability in the tool in question and warned users.

Analyst ZachXBT claimed last week that an unknown hacker exploited the same vulnerability to steal an estimated $3.3 million in crypto assets from Profanity-based addresses shortly after 1inch’s report.

The $3.3 million attack raised the idea that malicious hackers may have known about the security issue in advance.

*Not investment advice.