OpenSea whale loses $25.6M in crypto in suspected private key hack

A whale address on NFT marketplace OpenSea known as TLBL, beginning with 0x8fEB0, was drained of $25.6 million in cryptocurrencies, on-chain analyst Specter said on X. The theft is suspected to have involved a compromised private key. The hacker swapped the wallet’s holdings, including wBTC, cbBTC, LDO, USDS and CRV, into DAI and ETH. Specter added that the same address was also drained of $24.23 million in September 2023, when the hacker returned about 90% of the stolen funds.