A fresh surge of activity on the blockchain has been capturing the attention of the crypto community, as hackers keep targeting decentralized protocols to wash their stolen gains. In an apparent coordinated effort, they moved 17,778.7 ETH today across THORChain and exchanged it for DAI before you could say “cross-chain platform,” raising new questions about the participation of illicit actors in facilitating financial flows across the crypto ecosystem. THORChain Used to Funnel Nearly $45 Million in ETH This morning, on-chain monitors saw a wallet disposing of 8,698 ETH for 22.12 million DAI, at a spot price of $2,543.40 per ETH.
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