According to CertiK Alert, there have been some suspicious transfers of funds from unverified contracts on Ethereum.
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The receiver took $49.5 million and is swapping them for the Dai stablecoin.
An account was compromised and granted a special role "0x8e9b," which made it possible to enable the withdrawal of all funds on 0x9a79.
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The exploiter 0x3ac9 has now swapped all funds to 17,696 ETH ($49 million).
This comes after roughly 70% of Bybit's funds were recently drained as the result of a massive hack.
That said, the price of Ether has now managed to recover, currently trading at $2,723.
Dan Burgin
Vladislav Sopov