2 years ago
Shaurya is an analyst/editor for CoinDesk's markets squad successful Asia.
The entity down Ronin’s unprecedented $655 cardinal exploit successful March has seemingly moved tens of millions worthy of stolen ether (ETH) done privateness protocol Tornado Cash successful the past week, blockchain data from addresses connected to the exploiter show.
Activity implicit the past week from the exploiter’s main code – tagged Ronin Bridge Exploiter connected tracking work Etherscan – seemingly shows that implicit 21,000 ether was moved successful respective transactions to antithetic wallets.
Data amusement these funds were past moved to privateness speech Tornado Cash. The exploiter seemed to person made respective trades of 100 ether each from each those wallets, data seemingly shows.
Transfers to Tornado Cash were done successful amounts of 100 ether, arsenic this wallet show. (Etherscan)
The funds moved to Tornado Cash are worthy upward of $65 cardinal astatine existent prices.
Tornado enhances the privateness of transactions by breaking the on-chain nexus betwixt a root and a destination address. This allows exploiters and hackers to disguise their addresses portion withdrawing illicitly gained funds.
Transfer amounts retired of the main wallet scope from 1,000 ether to this morning’s 3,202 ether, the highest truthful far.
The main wallet continues to clasp upwards of 151,055 ether, worthy $461 cardinal astatine existent prices, astatine the clip of writing.
Ronin Network was deed by a $625 cardinal exploit successful March that affected Ronin validator nodes for Sky Mavis, the steadfast of the fashionable Axie Infinity game, and the Axie DAO.
The attacker “used hacked backstage keys successful bid to forge fake withdrawals” from the Ronin span crossed 2 transactions, arsenic seen connected Etherscan, Ronin said successful a blog station connected Substack.
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Shaurya is an analyst/editor for CoinDesk's markets squad successful Asia.
Shaurya is an analyst/editor for CoinDesk's markets squad successful Asia.
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