Hacker Converts 8,960 ETH to DAI in Rapid Sale

According to Foresight News, a hacker has sold 8,960 ETH for approximately 39.264 million DAI within the past 50 minutes. The sale was executed at an average price of $4,382 per ETH. The hacker withdrew the ETH from Tornado Cash using three different addresses, likely having deposited them through other addresses previously. The rapid conversion of these funds highlights ongoing security challenges in the cryptocurrency space.