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TechFlow reports, according to on-chain investigator ZachXBT, that Middle Eastern crypto exchange Rain may have been hacked on April 29, 2024. Suspicious outflows were detected from its BTC, ETH, SOL, and XRP wallets, resulting in a loss of $14.8 million. The funds were quickly transferred to exchanges and converted into BTC and ETH. As of now, Rain has not issued any statement regarding the incident.
According to on-chain investigator ZachXBT, Middle Eastern cryptocurrency exchange Rain may have been hacked on April 29, 2024. Suspicious outflows were detected from its BTC, ETH, SOL, and XRP wallets, resulting in a loss of $14.8 million. The funds were quickly transferred to exchanges and converted into BTC and ETH. As of now, Rain has not issued any statement regarding this incident.
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