Phishing attack hits NGRAVE users for $2.65M; Bitquery tracks XMR1 buys on Hyperliquid
NGRAVE users were hit by a phishing attack worth $2.65 million. Bitquery has followed the funds into XMR1 purchases on Hyperliquid, but it cannot confirm that every wallet belonged to an NGRAVE user. The story points to ongoing pressure on crypto wallet security, which may make traders more cautious about where they hold funds.
Why it matters
- The reported loss from the phishing attack is $2.65 million.
- Bitquery traced funds into XMR1 purchases on Hyperliquid.
- Not every affected wallet has been confirmed as an NGRAVE user.
What to watch next
Watch for any official update from NGRAVE or Bitquery that confirms which wallets were affected and how the funds moved.
