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$1.8M USDC Drained from Payy Link Rollup, Converted to Ethereum

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A Payy Link rollup has been drained of $1.83 million in USDC cryptocurrency, according to blockchain analytics firm Specter via PeckShieldAlert.

The attack saw the attacker convert the stolen funds into 683.38 ETH and split them across three wallets.

The price action on the Ethereum (ETH) chart remains bullish, with the asset currently trading at $2656.72 above its EMA50 at $2637.1. The MACD death cross at 13.95 and neutral RSI at 45.77 do not seem to be affecting the trend.

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