According to PANews, an attacker, who was previously flagged by CoinStats, has reportedly transferred cryptocurrency worth $1 million to a new address. The new address, identified as 0xB48b…9681, is now the recipient of the substantial amount of digital currency.

The report did not provide further details about the identity of the attacker or the type of cryptocurrency that was transferred. It is also unclear whether the transfer was part of a larger scheme or an isolated incident.

CoinStats, a cryptocurrency portfolio tracker, is known for its security measures, including the ability to flag suspicious activities. This incident underscores the importance of such security measures in the cryptocurrency market, which is often targeted by cybercriminals due to its anonymous and decentralized nature.