By : Shiraz Jagati
Publisher : news
Date : July 11, 2026

Peckshield: $5.25 Million Drained From Hedera and Bridged to Ethereum in Suspected Exploit

Hedera's price action after it emerged that it had been hacked.Blockchain security firm Peckshield says an apparent exploit of the Hedera network has seen $5.25 million in stolen funds bridged to Ethereum. The attacker’s wallet, first funded through the crypto mixer Tornado Cash, holds roughly $5.25 million in ether and wrapped bitcoin. The Numbers Are Finally Starting To Emerge Peckshield reported that the Hedera network […]

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