BlockBeats reported on August 7, citing on-chain monitoring firm The Data Nerd, that an attacker stole roughly $500,000 worth of assets from a victim's wallet and immediately converted the stolen funds into WETH at maximum slippage. The trade unexpectedly incurred more than $370,000 in fees. In the end, the attacker received only 67.92 WETH, worth around $129,000.
On August 7, monitoring firm The Data Nerd flagged an unusual on-chain incident. An attacker who had drained approximately $500,000 in assets from a victim's wallet converted the stolen funds into WETH at maximum slippage. The swap unexpectedly racked up more than $370,000 in fees, leaving the attacker with just 67.92 WETH, worth roughly $129,000.
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