Tornado Cash Sees $1.9B Surge Despite Sanctions
Despite sanctions, Tornado Cash saw a 50% increase in deposits, reaching $1.9 billion in the first half of 2024. The deposit volume of Tornado Cash, a crypto aggregator that has been banned, has experienced a surprising increase in the first half of 2024, despite the ongoing legal challenges faced by its founding team and the […]
Pancake Bunny Hacker Moves $2.9M in Ether After 3 Years
After three years of inactivity, stolen funds worth $2.9M ETH associated with the Pancake Bunny hack were transferred through the privacy protocol Tornado Cash. Pancake Bunny experienced a flash loan attack in May 2021, losing approximately 697,000 BUNNY tokens and 114,000 BNB. This event significantly impacted the value of the BUNNY token, which plummeted by […]
Remilia DAO Hacker Transfers $4.3M to Tornado Cash
In March, the hacker who perpetrated the $4.3 million Remilia DAO hack transferred the stolen crypto assets through the Tornado Cash crypto mixer, according to Certik. CertiK, a blockchain analysis company, reported on June 17 that 1,209.5 Ether, equivalent to approximately $4.3 million, was deposited into Tornado Cash. CertiK traced the assets to numerous addresses […]
Vitalik Buterin Donates 30 ETH to Tornado Cash Legal Fund
Vitalik Buterin’s wallet donated 30 ETH to Juicebox for the legal defense of Tornado Cash developers, contributing to a fund of 591 ETH. Thirty Ether, with a market value of $113,000, were transmitted from a wallet associated with Vitalik Buterin, co-founder of Ethereum, to Juicebox, an open-source cryptocurrency crowdfunding platform. The allocated funds were designated […]
Kronos Research Hacker Moves Exploit to Tornado Cash
Six months after the $25 million hack on quantitative trading firm Kronos Research, one of the six wallets linked to the hacker has moved funds to Tornado Cash. The compromised wallet initially transmitted 1,314 Ether, valued at $4 million, to an address beginning with 0x8F5e4 and then transferred the entire amount to an address beginning […]