An Ethereum pockets linked to the Listed Finance and KyberSwap exploits resurfaced after a yr of silence, promoting greater than $2 million in tokens.
Abstract
- A pockets linked to the Listed Finance and KyberSwap hacks grew to become energetic after a few yr.
- The deal with offered over $2 million in tokens like UNI, LINK, and CRV.
- 2025 noticed extra then $3B in crypto theft, led by centralized exchanges.
An Ethereum deal with tied to previous decentralized finance exploits moved greater than $2 million value of tokens after staying inactive for a few yr.
In keeping with an on-chain replace shared by Lookonchain on X on Dec. 30, the pockets, recognized as 0x3EBF, offered giant quantities of UNI, LINK, CRV, and YFI in a single burst of exercise.
Dormant hacker-linked pockets comes again to life
Blockchain information exhibits the deal with offered roughly 226,961 UNI value about $1.36 million, alongside 33,215 LINK valued close to $410,000, 845,806 CRV value round $328,000, and simply over 5 YFI valued at roughly $17,500. Smaller token balances had been additionally decreased.
The pockets has been linked to funds stolen through the Listed Finance exploit in 2021 and the KyberSwap assault in 2023. Listed Finance misplaced round $16.5 million after its index swimming pools had been manipulated utilizing flash loans and pricing distortions. On the time, the attacker argued the trades had been legitimate beneath sensible contract guidelines.
KyberSwap was later hit in November 2023, when its Elastic liquidity swimming pools had been drained for almost $49 million throughout a number of chains. The attacker exploited a flaw in how liquidity positions had been calculated, permitting repeated extraction of funds. After the incident, the attacker tried to extort the protocol by demanding management in change for returning a part of the stolen belongings.
U.S. authorities unsealed an indictment in February 2025 accusing 22-year-old Canadian Andean Medjedovic of finishing up each assaults. Prosecutors allege he laundered funds via mixers and cross-chain bridges and tried to strain KyberSwap’s workforce following the exploit. Medjedovic stays at giant.
Pockets exercise highlights ongoing theft dangers
2025 has been a document yr for crypto-related thefts. Trade estimates present whole losses in 2025 ranged between $2.7 billion and $3.4 billion, based mostly on full-year figures from Chainalysis.
The vast majority of losses this yr had been linked to centralized platforms, in distinction to earlier cycles the place DeFi exploits dominated. Over $2 billion in thefts, or about 60% of the full, had been attributed to organizations with ties to North Korea.
The biggest single incident was the $1.5 billion Bybit hack in February, adopted by main breaches at Cetus DEX ($223 million) and Balancer ($128 million). Whereas particular person pockets compromises elevated sharply to 158,000 incidents, the typical loss per sufferer declined.
