Hackers Siphon Over $21M in Stablecoins After Private Key Leak, Bridge Funds to Ethereum

10-Oct-2025 The Crypto Basic

Hackers Siphon Over $21M in Stablecoins After Private Key Leak, Bridge Funds to Ethereum

Blockchain security firm PeckShield has reported a major breach, which resulted in the loss of more than $20 million worth of stablecoins. According to PeckShield, an unidentified user with the blockchain address 0x0cdC...E955 suffered losses of approximately $21 million in digital assets on the Hyperliquid platform.

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