Cyber Hacker Transfers 395 ETH Worth Approximately $1.5 Million

According to Odaily, a cyber hacker has reportedly transferred 395 Ethereum (ETH) to multiple addresses. The total value of the transferred cryptocurrency is estimated to be around $1.5 million. The illicit activity was detected by Scam Sniffer, a cybersecurity monitoring platform, approximately two hours ago. The incident underscores the ongoing threat of cybercrime in the digital currency space, with hackers continually seeking to exploit vulnerabilities for financial gain. It is yet unclear whether the victims of this phishing attack have been identified or if any measures have been taken to recover the stolen funds. The incident serves as a stark reminder of the importance of robust cybersecurity measures in the cryptocurrency sector.