According to monitoring platform On Chainlens, an official wallet tied to U.S. authorities received 76.56 ETH (about $332,000) from Coinbase earlier today.
The transfer appears to be part of an ongoing effort to consolidate digital assets seized from the Uranium Finance exploit.
According to monitoring platform On Chainlens, an official wallet tied to U.S. authorities received 76.56 ETH (about $332,000) from Coinbase earlier today. The transfer appears to be part of an ongoing effort to consolidate digital assets seized from the Uranium Finance exploit.
The protocol, a DeFi project built on Binance Smart Chain, was hacked in April 2021, with attackers draining tens of millions of dollars. Even after several years, authorities are still piecing together the funds that were stolen.
An official wallet belonging to the U.S. Government received 76.56 $ETH from #Coinbase, worth $332K.
Back in April 2021, Uranium Finance was targeted in an exploit, leading to a major asset seizure of $31M by the U.S. Government in February 2025.https://t.co/olHTF8ZCiW… pic.twitter.com/ICEDqOUtho
— Onchain Lens (@OnchainLens) August 21, 2025
Earlier this year, U.S. officials announced the successful seizure of $31 million in assets connected to the exploit. The latest Ethereum transfer is considered another step in that recovery process, underscoring how authorities continue to trace and reclaim funds years after the original incident.
While the most recent ETH haul seems small relative to the scale of the hack, analysts note that such movements demonstrate persistence in tracking down compromised tokens across exchanges. Coinbase has reportedly assisted in facilitating the return of these funds.
Blockchain records show the government-controlled address now holds 1,358 ETH, valued at roughly $5.83 million at current prices. In addition to Ethereum, the wallet also contains a variety of other digital assets.
Combined, the balance across the wallet – labeled “Funds Compromised by Uranium Finance Hacker” – sits at approximately $34.71 million, the bulk of which comes from altcoins. This makes the address one of the more closely watched government-controlled wallets on Ethereum.
The latest movement highlights both the challenges and the progress in recovering assets from DeFi exploits. Unlike traditional finance, stolen crypto can often remain visible on-chain indefinitely, allowing authorities to act years later when stolen funds resurface on centralized exchanges.
Although modest in scale, the transaction reinforces the message that law enforcement continues to close in on old cases. For market observers, the transfer is another reminder that even years after a hack, the blockchain leaves a trail that can be followed.
U.S. crypto ETFs moved in opposite directions on Wednesday as investors continued to tread carefully after last week’s flash crash.
BitMine has reportedly added another 104,000 ETH worth around $417 million to its holdings as prices dropped roughly 20% from their August peak.
The global crypto market has come under renewed selling pressure, shedding about $60 billion in the past day to settle around $3.75 trillion.
The price of BNB has surged to new heights in recent weeks as the Binance Smart Chain (BSC) ecosystem solidifies its position as a leading hub for both DeFi and on-chain retail participation. But on Wednesday, BNB shows weakness, while Solana demonstrates strength. At press time, BNB trades at $1,200 and remains at breakeven over […]
Efforts to establish a clear regulatory path for the cryptocurrency industry in the U.S. hit a major roadblock Tuesday, as the House of Representatives voted 196-223 against advancing three key crypto bills.
The U.S. House of Representatives has passed a trio of groundbreaking cryptocurrency bills aimed at establishing comprehensive federal oversight of digital assets, including stablecoins and broader crypto market infrastructure.
The U.S. is set to impose a 25% tariff on steel and aluminum imports from Canada and several other nations, with the policy taking effect at midnight on March 12.
This week's October inflation data suggests that the Federal Reserve may face a challenging path to reaching its 2% inflation target, possibly impacting rate cuts planned for 2025.
The U.S. Consumer Price Index (CPI) data for November 2024 shows a moderate increase in inflation, reflecting ongoing price pressures in key sectors.
January's U.S. Consumer Price Index (CPI) report revealed inflation running slightly hotter than anticipated, with annual inflation rising to 3% from December's 2.9%.
The U.S. IPO market is set for a significant revival in 2025, with cryptocurrency firms taking center stage.
Weekly unemployment claims in the United States fell to 218,000, coming in below economists’ forecasts of 235,000, according to data released by the Labor Department.
A new bill introduced in Congress seeks to give the U.S. government unprecedented tools to fight cryptocurrency-related crime beyond its borders, reviving a legal mechanism that dates back centuries.
U.S. lawmakers are pushing forward with new legislation aimed at regulating stablecoins.
Efforts to bring much-needed legal structure to the U.S. digital asset market took a leap forward with the introduction of the Digital Asset Market Clarity Act—a bill designed to lay the groundwork for coherent crypto regulation.
Three Democratic senators—Chris Van Hollen, Tim Kaine, and Alex Padilla—unveiled a bill aiming to penalize El Salvador’s President Nayib Bukele and his allies.
A recent analysis reveals that significant declines in just 10 S&P 500 stocks, including major players like Nvidia, Microsoft, and Amazon, have erased over $2 trillion from investor portfolios since mid-July.
The world’s largest Bitcoin mining hub is set to expand even further. A U.S.-based mining operator has placed an order for 50,000 Avalon A15 Pro rigs from Chinese manufacturer Canaan Inc., marking the company’s largest single hardware sale in over three years.
Billionaire investor Ray Dalio has sounded the alarm over America’s soaring national debt, warning of a looming economic crisis if no action is taken.
The U.S. CPI data for October has been released, showing steady inflationary trends in both the annual and monthly figures.
Fresh data on Personal Consumption Expenditures (PCE) — the Federal Reserve’s preferred inflation gauge — shows inflation ticked higher in May, potentially delaying the long-awaited Fed rate cut into September or later.
The latest inflation report from the Federal Reserve, based on the Personal Consumption Expenditures (PCE) index, shows a 2.5% increase in prices year-over-year for January.
Wisconsin’s state pension fund has made a significant move into Bitcoin, increasing its holdings to approximately $321 million, according to recent regulatory filings.
Michigan has made a significant leap into cryptocurrency investments, revealing its holdings in Bitcoin and Ethereum exchange-traded funds (ETFs) in a recent 13F filing with the SEC.