Crypto Hackers Capitalize on ETH Surge, Offloading $72M This Week
Hey there, folks the big story making waves is how Crypto hackers capitalize on ETH surge, offloading $72M this week, turning stolen coins into massive windfalls amid the Ethereum rally. I’m JV Charles, senior editor at JV News Nation.com, where we bring you breaking news you can trust with our unfiltered conservative, Trump-loving, MAGA-supporting lens. This crypto heist saga shows just how vulnerable our digital world is, with bad actors cashing in on stolen funds while hardworking Americans fight inflation reminds me of Trump’s warnings about lax security letting crooks run wild.
We’ve been on the beat for crypto chaos like this for years at JV News Nation.com, drawing from my time digging into financial scams and tech threats to deliver the straight facts. I’ve tracked everything from Wall Street shenanigans to blockchain busts, always tying it back to how these crypto exploits hit everyday folks and why strong leadership like Trump’s is key to clamping down. We peel the layers, connecting the dots on blockchain security lapses that let hackers thrive, keeping it real and reliable.
Key Takeaways from the Latest Crypto Hacker Cash-Out
- Three Big Players: Hackers from the Radiant Capital exploit (likely North Korean), Infini attack, and an unidentified thief targeting THORChain and Chainflip offloaded stolen ETH during the ETH surge.
- Massive Dump: They sold off about 18,128 ETH for around $79 million in stablecoins, pocketing extra tens of millions in hacker profits thanks to ETH’s climb to $4,780.
- Extra Gains: The Radiant hacker alone nabbed an additional $48.3 million, turning a $53 million heist into over $101 million total.
- Year of Losses: This fits into a brutal stretch, with $3.1 billion lost to crypto hack 2025 incidents in the first half alone, up from $1.49 billion all of last year.
- Market Impact: The Ethereum price surge let these crooks liquidate without crashing prices, highlighting ongoing crypto security breach risks in DeFi.
The Heist Details: How Hackers Turned Stolen ETH into Gold
Picture this: As ETH skyrocketed to $4,780 this week, savvy crypto hackers didn’t waste a second, dumping their ill-gotten gains for fat stacks of stablecoins. We’re talking three major players who struck gold er, ether earlier this year and waited for the perfect moment to cash out. From our angle, it’s a stark reminder of why Trump pushed hard for tougher cyber defenses; under weak policies, these blockchain exploit news stories just keep piling up, draining billions while folks at home scrape by.
Radiant Capital Exploit: North Korean Ties and Big Bucks
First up, the hacker behind the October Radiant Capital drain pegged as a North Korean outfit sold 9,631 ETH for $44 million in stablecoins. They originally swiped $53 million in assets, swapping much into 21,957 ETH at about $2,414 each. Now, with the ETH liquidation during this rally, they’ve ballooned their haul to $101 million, snagging an extra $48.3 million in hacker Ethereum profits. It’s outrageous—state-backed thugs profiting off American innovation while our borders and bytes stay porous.
Infini Attack: Quick Flip for Millions More
Then there’s the Infini exploiter, who nabbed $49.5 million in USDC back in February, buying up 17,696 ETH at $2,798 a pop and laundering some through Tornado Cash. This week, they offloaded 3,540 ETH for $13 million at $3,762 average, netting an additional $25.15 million on their remaining stash. These stolen ETH offload moves show how hackers play the long game, waiting for surges to maximize damage something Trump’s tariffs on foreign tech could’ve nipped.
Unidentified THORChain/Chainflip Thief: Stealthy Sell-Off
Rounding out the trio, an unknown hacker who hit THORChain and Chainflip in March stole 17,412 ETH, initially trading for $33.9 million in DAI at $1,947 each. They dipped back in June, snagging 4,957 ETH at $2,495, then dumped ’em Friday for $22.13 million at $4,464 pocketing $9.76 million extra. Anonymous crooks like this thrive in the shadows, exploiting crypto exploits that weak regs let fester.
Why This Matters: Blockchain Security in Crisis
This crypto hack 2025 wave ain’t isolated hackers raked $3.1 billion in the first half alone, dwarfing last year’s $1.49 billion. DeFi’s the weak link, with protocols like Radiant and Infini getting gutted. From a MAGA standpoint, it’s like open borders for bits Trump warned about cyber threats from foes like North Korea, pushing for American-first tech to lock it down. These blockchain security fails drain investor trust, spike volatility, and hit the economy hard.
Market Ripples: ETH Rally Fuels Hacker Bonanza
The Ethereum rally to $4,780 handed hackers a gift, letting ’em sell without tanking prices. But it’s a double-edged sword while legit holders cheer, these dumps remind us of lurking risks. Trump’s era saw crypto boom under deregulation; now, with exploits rampant, we need that tough stance back to safeguard gains.
Lessons for Investors: Stay Vigilant
Folks, don’t get caught flat-footed use hardware wallets, vet platforms, and push for better audits. These crypto security breach tales show hackers evolve faster than fixes; Trump’s “America First” could rally devs to outpace ’em.
FAQs About Crypto Hackers and the ETH Surge
Q: Who are the main crypto hackers in this ETH surge story?
A: The Radiant Capital (North Korean-linked), Infini, and THORChain/Chainflip exploiters offloaded stolen ETH for big gains.
Q: How much stolen funds did they offload?
A: About 18,128 ETH for $79 million in stablecoins, with extra hacker profits from the rally.
Q: What were the original crypto exploits?
A: Radiant in October ($53M), Infini in February ($49.5M), THORChain/Chainflip in March (17,412 ETH).
Q: Impact of the Ethereum price surge?
A: Boosted hacker hauls by tens of millions, highlighting blockchain exploit news vulnerabilities.
Q: Total losses from crypto hack 2025?
A: $3.1 billion in H1, up from $1.49 billion in 2024 urgent call for stronger blockchain security.
References
- CoinDesk: Crypto Hackers Capitalize on ETH Surge, Offloading $72M This Week (August 15, 2025)
- Yahoo Finance: Crypto Hackers Capitalize on ETH Surge, Offloading $72M This Week (August 15, 2025)
- CoinDesk: Hack – Coin (Ongoing)
- X Post by @BecauseBitcoin (August 15, 2025)
- CryptoRank: Crypto heists reach $2.1B so far in 2025 (June 27, 2025)
- Crypto News: Ethereum cryptocurrency news today (August 15, 2025)
- Finviz: Ethereum USD (ETH-USD) Interactive Price Chart (Ongoing)
- Yahoo Finance: Ethereum USD (ETH-USD) Interactive Price Chart (Ongoing)
- CryptoRank: Phishing Group Returns Stolen Crypto (Ongoing)
- Coinbase: Ethereum Price, ETH Price, Live Charts (Ongoing)
