In the world of cryptocurrencies, security is paramount. Unfortunately, even in this space, there are instances of hacking and fraudulent activities that investors should be aware of. In this 24-hour hacking news update, we will cover three recent incidents for you to stay informed and take necessary precautions.

1. Vitalik.eth Transfers 3K ETH to Vb 2:
PeckShieldAlert has reported that the address “vitalik.eth” has transferred 3,000 ETH, equivalent to approximately $4.95 million, to a labeled-address called “Vb 2.” While the motive behind this transfer is currently unknown, it emphasizes the need to exercise caution and avoid any potential scams or phishing attempts.

2. Beware of Fake USDC Token Distribution:
A potential scam involving a fake USDC (USD Coin) token distribution is circulating on social media. The fraudulent promotion directs users to a website, “hxxps://usdc.circle-live.com/,” which is designed to mimic the official USDC website. However, CertiKSkynetAle has identified that this site is connected to a known wallet drainer. It is crucial to be alert and avoid interacting with such websites. Always make sure you are visiting legitimate sources and do thorough research before engaging in any token distribution campaigns.

3. Fund Movement from Exploiter to Tornado Cash:
CertiKSkynetAle reports a significant movement of funds from the exploiter of Rodeo Finance to Tornado Cash. The address “0x2f378” deposited 200.8 ETH, amounting to approximately $331,000, into Tornado Cash. This incident serves as a reminder to exercise caution when interacting with decentralized platforms and conducting transactions. Maintaining updated security measures should always be a priority.

Cryptocurrency investments come with great potential for growth, but it is vital to remain vigilant and informed about potential risks, scams, and hacking attempts. The recent 24-hour hacking news highlights the importance of conducting thorough research, verifying website URLs, and being cautious when dealing with token distributions and financial transactions.

Always double-check the authenticity of websites and double-confirm transactions before taking any action. Stay informed, keep track of alerts shared by trustworthy sources, and implement robust security measures to safeguard your crypto assets. By being proactive, we can collectively stand against malicious activities and foster a safer crypto ecosystem.