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 turned lively after a couple of yr.
- The tackle 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 tackle tied to previous decentralized finance exploits moved greater than $2 million value of tokens after staying inactive for a couple of 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 reveals the tackle 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 have been additionally decreased.
The pockets has been linked to funds stolen in the course of the Listed Finance exploit in 2021 and the KyberSwap assault in 2023. Listed Finance misplaced round $16.5 million after its index swimming pools have been manipulated utilizing flash loans and pricing distortions. On the time, the attacker argued the trades have been legitimate below sensible contract guidelines.
KyberSwap was later hit in November 2023, when its Elastic liquidity swimming pools have been drained for practically $49 million throughout a number of chains. The attacker exploited a flaw in how liquidity positions have 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 property.
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 by way of 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, primarily based on full-year figures from Chainalysis.
The vast majority of losses this yr have 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 overall, have been attributed to organizations with ties to North Korea.
The most important 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 common loss per sufferer declined.