Coin Edition
2024-10-22 16:20:00

Kyber Network Exploit: Hacker Uses Tornado Cash to Launder $1.65 Million in Stolen ETH

The hacker who targeted Kyber Network, a prominent blockchain project and a multi-chain hub of liquidity protocols, has sent $1.65 million in Ethereum (ETH) through Tornado Cash, an Ethereum mixing protocol that’s caught the eye of regulators around the globe due to its use by scammers and hackers. PeckShield, a blockchain analysis platform, first reported The post Kyber Network Exploit: Hacker Uses Tornado Cash to Launder $1.65 Million in Stolen ETH appeared first on Coin Edition .

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.