Rain

Unknown

Estimated loss

$14.80M

VERDICT —UNRATED

Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.

▰ METHOD

Undisclosed

Root cause

Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.

Forensic narrative

Crypto detective ZachXBT stated on his Telegram channel that the Middle Eastern cryptocurrency exchange Rain appears to have been hacked, resulting in a loss of $14.8 million USD. The breach occurred on April 29, 2024, when Rain's BTC, ETH, SOL, and XRP wallets experienced suspicious outflows of funds, which were quickly transferred to instant exchanges and converted into BTC and ETH. Attack method (per SlowMist): Unknown. Reported loss: $ 14,800,000.

Primary source

https://www.panewslab.com/zh/sqarticledetails/u54xv6ns.html ↗

Sourced from

slowmist

Technical record