Harmony Hacker Is Using Tornado Cash To Launder Stolen $100 Million
According to a PeckShield report, The Harmony attacker has already mixed more than $12 million through the protocol, and they’re sending 100 ETH to Tornado Cash every six minutes. On Thursday morning, the proof of stake blockchain “Harmony” disclosed that $100 million worth of cryptocurrency had been stolen from its Horizon bridge. Related reading | Breaking: […]
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The exploiter seems to have rejected the Harmony team’s bounty offer of $1 million to return the $100 million stolen from the Horizon Bridge token bridge. The funds from Harmony’s Horizon Bridge have begun to move into the Tornado Cash Ethererum mixer, signaling that the attacker has no intention of accepting the $1 million bounty offered.The decision to obfuscate the ill-gotten gains answers questions about whether the Harmony team’s offer of just 1% of the $100 million in crypto funds stolen on June 24 would be enough to convince the exploiter to return them.#PeckShieldAlert ~6k $ETH....
The Deribit hot wallet hacker has transferred 1,610 ETH (over $2.5 million) to Tornado Cash, according to data from the Ethereum block explorer Etherscan. In the aftermath of the $28 million Deribit hack, the unknown exploiter is moving stolen funds using the decentralized cryptocurrency mixer, Tornado Cash.The Deribit hot wallet hacker has transferred a total of 1,610 Ether (ETH), or around $2.5 million, to Tornado Cash, according to data from the Ethereum block explorer Etherscan.The funds were transferred in 17 transactions, with the first outgoing transaction occurring on Nov. 5 —just....
Harmony Protocol wants its money back. Seriously – and without any charges. Harmony has offered a $1 million bounty for anyone who can provide information that can lead to the retrieval of the stolen funds from the hack of its Horizon bridge. The company disclosed on June 24 that a hacker infiltrated their Horizon bridge […]
A new report suggests that a notorious North Korea-affiliated hacking group may be behind last week’s $100 million Harmony attack. The Lazarus Group, a well-known North Korean hacking syndicate, has been identified as the primary suspect in the recent attack that saw $100 million stolen from the Harmony protocol. According to a new report published today by blockchain analysis firm Elliptic, the manner in which Harmony’s Horizon Bridge was hacked and the way stolen digital assets were consequently laundered bears a striking resemblance to other Lazarus Group attacks.“There are strong....
The protocol was at the center of some recent hacks and exploits in decentralized finance, including the alleged theft of $455 million by the North Korea-affiliated Lazarus Group. The United States Treasury Department has added more than 40 cryptocurrency addresses allegedly connected to controversial mixer Tornado Cash to the Specially Designated Nationals list of the Office of Foreign Asset Control, or OFAC.In a Monday announcement, OFAC effectively barred U.S. residents from using Tornado Cash and placed 44 USD Coin (USDC) and Ether (ETH) addresses connected to the mixer on its list of....