![The Eroding State of Privacy in the Crypto World The Eroding State of Privacy in the Crypto World](https://static.news.bitcoin.com/wp-content/uploads/2024/04/eroding_state_of_privacy-1-768x432.jpg)
Arkham Research tagged and notified wallet owners to look at these addresses and retrieve their funds, which have been stuck for months.
Dozens of crypto whale wallets with assets ranging from six to seven figures are stuck on multiple decentralized finance (DeFi) bridge contracts.
One of these whale wallets is linked to Ethereum co-founder Vitalik Buterin, who has over $1 million worth of assets stuck for over seven months. While a few other wallets have assets unclaimed for over two years.
According to a report published by crypto analytics firm Arkham Intelligence, several notable whale addresses linked to prominent crypto individuals and entities have their funds stuck in these bridge contracts for as long as two years.
Railgun has allegedly processed transactions from sanctioned threat actors, although the protocol has categorically denied involvement.
The post Railgun under scrutiny for alleged use by North Korean threat actors appeared first on Crypto Briefing.
Ethereum (ETH) founder Vitalik Buterin says that on-chain privacy should be accepted as normal following his transaction with the Railgun protocol. First reported by crypto reporter Colin Wu, Arkham Intelligence data shows that Buterin recently transferred 100 ETH using the privacy protocol. “Vitalik Buterin (vitalik.eth) transferred 100 ETH (approximately $325,000) to Railgun at 17:40 UTC+8 […]
The post Ethereum-Based Privacy Protocol Explodes 168% After Vitalik Buterin Voices Support, Says ‘Privacy Should be Normal’ appeared first on The Daily Hodl.