Cryptocurrency hackers took advantage of the recent market crash to purchase heavily discounted Ether using stolen funds from previous hacks. On August 5, 16,892 Ether (ETH) was acquired with stolen cryptocurrency funds related to a hack on the Nomad crypto bridge. This occurred as Ether's value plummeted by over 20% in less than 12 hours. The hacker utilized 39.75 million stolen Dai (DAI) tokens to make the purchase and then transferred the funds to a crypto mixer for anonymity. Additionally, stolen funds from the Pancake Bunny hack were also moved, with the hacker mistakenly sending DAI tokens to an unsupported address. It is crucial to exercise caution when handling crypto assets to prevent irreversible losses. The incident highlights the risks associated with crypto transactions and the importance of security measures in the digital asset space. Read more AI-generated news on: https://app.chaingpt.org/news