Key Highlights: Onchain tracking service Lookonchain flagged a large market-neutral pair trade featuring a 169.47 BTC long position offset by a 5,740 ETH short position. Executed on the perpetual futures platform Hyperliquid, each leg of the paired position amounted to roughly $13.1 million in value. While Lookonchain described the entity behind the wallet as a ...
Key Highlights: Blockchain analytics firms Chainalysis and TRM Labs have linked the breach of Binance hot wallets to the North Korean cybercrime syndicate Tradertraitor. Attackers deployed valid signed authorizations to run malicious software, using Tornado Cash funding and rapid stablecoin-to-ether swaps to beat issuer blacklists. Binance set aside over $6.34 billion in internal reserves to ...
Key Highlights Major stablecoin issuers Tether and Circle froze a combined total of nearly $2.4 billion in assets connected to a suspected exploit targeting cryptocurrency exchange Binance. On-chain monitoring recorded massive outflows across multiple blockchains totaling an estimated $2.8 billion, including multi-million dollar transfers of Ether and USD Coin. The incident accelerated a broader crypto ...
Key Highlights: A massive flash liquidation wave forced the closure of roughly $628 million in leveraged crypto positions within a single hour, with $607 million consisting of long bets. Binance’s native token, BNB, absorbed the heaviest hit among top assets with a 6.1% drop, while Bitcoin lost its $80,000 support level as overall market cap ...
Key Highlights An attacker orchestrated a complex multi-protocol exploit on September 6, leveraging over $1 billion in flash loans and borrowing $788 million across three Aave V3 markets to target Balancer V1. Aave incurred zero direct losses as the attacker returned all borrowed capital within the same transactions, bypassing balance-based detection mechanisms. Blockchain security firm ...
Key Highlights: On-chain investigator Specter has traced 100 ETH originating from Tornado Cash to an address designated for Richard Heart’s ProveX sacrifice phase. The transaction analysis connects recent mixer activity to earlier PulseChain sacrifice funds moving through intermediary wallets, though Tornado Cash inherently obscures direct deposit-to-withdrawal ties. The blockchain tracking assertions emerge alongside reports of ...
Key Highlights: Blockchain security firm Salus revealed that the hacker behind the July breach of digital currency payments firm Triple-A transferred roughly $12.4 million in Ether into crypto mixer Tornado Cash. The illicit movement followed cross-chain bridging and token swaps, with the attacker routing 4,970 ETH across 56 total transactions on September 6. Triple-A previously ...
Key Highlights Over $3.55 million in bridged digital assets was drained from a single wallet via Polygon’s Agglayer and NEAR’s Rainbow Bridge in two separate transactions. The entity routed transactions using Ethereum’s EIP-7702 delegation framework, funded beforehand via privacy mixer Tornado Cash. Prior to the drain, onchain researcher stuckfunds.eth had warned the original wallet owner ...
Key Highlights: A missing access control vulnerability allowed an attacker to drain four separate 50 ETH batches left over from the historic Black Thursday event. Security firm CertiK verified the exploit origin, and the perpetrator laundered the extracted Ethereum in 10-ETH installments via Tornado Cash. Although the targeted keeper implementation contract was not an active ...
Key Highlights An attacker appears to have redirected about 0.36 ETH in rewards from 18 of 19 MetaMask validators. Blockchain analyses indicate that hundreds of thousands of ETH may have been moved toward the validator exit queue. Although the apparent theft was small, potential exposure of validator signing keys could have created a much larger ...
Avici Hack Losses Surpass $1 Million as Stolen Solana Funds Move Through Tornado Cash Losses from the hack of Solana-based neobank Avici have surpassed $1…