Barely a week after carrying out an exploit on Deribit‘s hot wallet, the perpetrators of this hack moved a portion of the stolen funds into Tornado Cash, the Ethereum mixer service. Decoding the Deribit hack Deribit, a Netherlands-based crypto-exchange, reported the exploit on its hot wallet on 2 November. The actual hack was carried out … Read more
Tornado Cash is experiencing a significant drop in activity following the sanctions by the U.S. Treasury. The number of unique users and weekly deposits and withdrawals have both fallen. Tornado Cash is taking a tumble in terms of activity as a result of the sanctions imposed by the United States Treasury. Data from Dune shows … Read more
A number of MEV-Boost relays are regulated under OFAC and can censor transactions. Over 25% of Ethereum blocks are now compliant with OFAC regulations. Reports are emerging that there might be some cause for concern regarding censorship on the Ethereum network. One website, MEV Watch, shows that some MEV-Boost relays are regulated under OFAC and … Read more
Ethereum broke above the $2,000 range for the first time in two months, continuing its bullish run following the success of the final testnet merge. With its merge all but confirmed for September 15, investors have taken a more keen interest in the digital asset. According to Coingecko data, Ethereum has risen by as much as … Read more
Deus Finance DAO has suffered another exploit and lost $13.4 million worth of ETH to a hacker less than a month after being hacked in a similar flash loan attack for roughly $3 million. Deus DAO lost over $16 million to the two attacks Blockchain security company PeckShield first reported the exploit claiming that although … Read more
As reported by CryptoSlate last week, a hacker ran off with about $615 million in ether (Ethereum) and stablecoins after exploiting a multisig contract regulating funds in the Ronin-to-Ethereum bridge – Ronin being the blockchain behind Axie Infinity, the most popular play-to-earn game in the world. Now, the funds stolen by the yet undisclosed hacker … Read more
