Suspicious outflows detected from wallet linked to Mask Network founder

February 27, 2025

, By Cointelegraph

Suspicious outflows detected from wallet linked to Mask Network founder

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Onchain cybersecurity platform Cyvers detected suspicious outflows on Feb. 27 from an address linked to Mask Network founder Suji Yan.

According to Cyvers, other flagged addresses had received about $4 million in cryptocurrencies, primarily in Ether (ETH)-linked tokens.

The digital assets suspected to have been stolen included 113 ETH, valued at over $265,000 at the time of writing, 923 WETH, 301 ezETH, 156 weETH, 90 pufET, 48,400 MASK, 50,000 USDt (USDT) and 15 swETH.

Cryptocurrencies, Wallet, Hackers, Scams, Hacks — Tracing the compromised transaction flow. Source: Cyvers Alerts

Following the initial…

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Suspicious outflows detected from wallet linked to Mask Network founder

February 27, 2025

, By Cointelegraph

Suspicious outflows detected from wallet linked to Mask Network founder

Onchain cybersecurity platform Cyvers detected suspicious outflows on Feb. 27 from an address linked to Mask Network founder Suji Yan.

According to Cyvers, other flagged addresses had received about $4 million in cryptocurrencies, primarily in Ether (ETH)-linked tokens.

The digital assets suspected to have been stolen included 113 ETH, valued at over $265,000 at the time of writing, 923 WETH, 301 ezETH, 156 weETH, 90 pufET, 48,400 MASK, 50,000 USDt (USDT) and 15 swETH.

Cryptocurrencies, Wallet, Hackers, Scams, Hacks — Tracing the compromised transaction flow. Source: Cyvers Alerts

Following the initial…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Two new pieces of Mac malware in the wild – one being fixed this week

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DroneAcharya Gets DGCA’s Type Certification For Its Multipurpose Drone

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