An EU entity was suspected of being attacked, resulting in losses exceeding $106 million.

ZachXBT detected a suspected attack on an EU entity on November 1st, resulting in the theft of multiple centralized exchange accounts and losses exceeding $106 million. The attackers withdrew USDC and USDT, converting the USDC to ETH within the past 24 hours, transferring it to platforms such as WellWallet and Kyrrex, then converting it to Monero (XMR) via Wagyu, and using cross-chain bridges to move funds between multiple blockchain networks. ZachXBT has disclosed 11 addresses involved in the attack.