Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
A wallet address linked to the Raydium DEX exploiter has moved about $1.75 million worth of ETH via the sanctioned mixing protocol Tornado Cash.
On Dec. 16, the exploiter overtook Raydium’s owners’ authority and drained the protocol’s liquidity pools of assets worth $2.2 million, including $1.6 million in SOL tokens.
Following the exploit, the Raydium team proposed to compensate the affected users using funds from its DAO treasury.
Blockchain security firm Certik flagged that a wallet linked to the Raydium exploiter has moved about 1,774.5 ETH to Tornado Cash, according to a tweet on Jan. 19.
The transferred assets are worth approximately $2.7 million at ETH’s current price of $1,526, as per CryptoSlate data.
The post Raydium exploiter moves $2.7M to Tornado Cash appeared first on CryptoSlate.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.