$3.2M drained from 86 Gnosis Safes on Base and Ethereum in under 2 hours via a vulnerable third-party SquidRouterModule contract.
2026/05/26
The post Funds for the renewed Ethereum DAO deposited through TornadoCash appeared on BitcoinEthereumNews.com. The newly relaunched Ethereum DAO was funded through
2026/02/02
Ethereum DAO will receive its stake from an address funded though Tornado Cash. The move aims to make privacy accepted for Ethereum users.
The post Hacker Steals $27.3M Using Multi-Signature Wallet Exploit appeared on BitcoinEthereumNews.com. Key Points: A hacker stole $27.3 million from the Unleash
2026/01/06
Author: Haotian Why will privacy be the core narrative of crypto in 2026? Besides $ZEC , I recommend paying attention to the potential performance opportunitie
2026/01/05
PANews reported on December 23 that, according to PeckShieldAlert monitoring, wallet addresses 0x1209...e9C and 0xaac6...508 had approximately $2.3 million worth
2025/12/23
PANews reported on December 2nd that, according to PeckShieldAlert monitoring, Goldfinch user deltatiger.eth suffered an attack, resulting in a loss of approximately $330,000. The hackers transferred 118 ETH (approximately $329,000) to the privacy trading tool TornadoCash.
2025/12/02
Yearn Finance reported that a legacy yETH product was hit by an exploit that allowed an attacker to mint a massive amount of fake tokens and swap them for real assets. Related Reading: Bitcoin Miners Face A Harsh December: Rising BTC Difficulty, Falling Hashprice According to on-chain alerts and protocol statements, the attacker created a near-infinite supply of yETH in a single transaction, then used those tokens to pull ETH and liquid-staking derivatives from liquidity pools. The incident was first flagged on November 30, 2025, and the total impact has been reported at roughly $9 million. #PeckShieldAlert Yearn Finance @yearnfi suffered an attack resulting in a total loss of ~$9M. The exploit involved minting a near-infinite number of yETH tokens, depleting the pool in a single transaction. ~1K $ETH (worth ~$3M) was sent to #TornadoCash, while the exploiter’s… pic.twitter.com/IXNygpwoWa — PeckShieldAlert (@PeckShieldAlert) December 1, 2025 How The Exploit Worked Based on reports, the attacker took advantage of a flaw in the yETH minting logic and produced tokens on the order of 235 trillion in one go. Those worthless tokens were then swapped for real assets from Balancer and Curve pools tied to the product, emptying liquidity in minutes. Chain monitors and security researchers showed the mint and subsequent swaps unfolding very quickly on the blockchain. At 21:11 UTC on Nov 30, an incident occurred involving the yETH stableswap pool that resulted in the minting of a large amount of yETH. The contract impacted is a custom version of popular stableswap code, unrelated to other Yearn products. Yearn V2/V3 vaults are not at risk. — yearn (@yearnfi) December 1, 2025 What Assets Were Taken Reports have disclosed that roughly $8 million was pulled from the main yETH stable-swap pool, while about $0.9 million was taken from a yETH–WETH pool. In addition, roughly 1,000 ETH—valued at about $3 million at the time of movement—was sent to Tornado Cash in attempts to obscure the trail. The attacker converted fake yETH into a mix of ETH and liquid staking tokens before attempting to launder funds. Impact On Yearn’s Core Products According to Yearn officials and follow-up coverage, the breach was limited to an older, legacy implementation of the yETH product and did not affect Yearn’s main V2 and V3 vaults. Deposits into the affected pool were isolated while the team and outside experts began an investigation. This isolation is said to have kept the bulk of user funds in active vaults from being touched. Market Reaction And Wider Concerns Crypto markets saw selling pressure as the news spread, with traders weighing the risk that comes from combining liquid staking tokens with custom swap code. Related Reading: Bitcoin Sentiment Sparks CZ Comment: Sell Greed, Buy Fear Yearn Finance said it is working with outside security teams to run a post-mortem and to patch the vulnerability. Based on reports, teams named in coverage include external auditors and blockchain investigators who are tracking the stolen funds and advising on recovery options. The protocol’s notice warned users about the affected legacy product and urged caution while the review continues. Featured image from Unsplash, chart from TradingView
2025/12/01
PANews reported on October 27th that, according to Onchain Lens monitoring, Richard Heart (founder of HEX and PulseChain) has transferred a total of 30,066 ETH (worth $125.09 million) to a new wallet. Of this, 29,804 ETH (worth $124 million) was transferred via TornadoCash.
2025/10/27
The post Ethereum Foundation, Keyring Launch DeFi Fund for Tornado Cash appeared on BitcoinEthereumNews.com. The Ethereum Foundation and Keyring Network have launched a new initiative to pioneer a market-aligned funding mechanism. Fees from zkVerified DeFi vaults will go to support privacy-focused open-source developers. For the first two months, fees will go to the legal defense funds of the developers of Tornado Cash. Sponsored Sponsored Institutional DeFi Funds Privacy Defense The Ethereum Foundation and Keyring Network have devised a funding mechanism for privacy development. Keyring is a company focused on creating tools that help large financial institutions access compliant decentralized finance (DeFi) products. They specialize in using advanced zero-knowledge proofs to allow users to prove they are verified without revealing their identity on the Ethereum blockchain. Keyring recently developed zkVerified vaults, which serve as secure, yield-generating DeFi gateways accessible exclusively to safelisted investors. The joint initiative aims to fund the legal defense of Tornado Cash developers Roman Storm and Alexey Pertsev, championing the defense of privacy-enhancing, open-source code. Tornado Cash (@TornadoCash) is a decentralized privacy protocol using zero-knowledge proofs to break the onchain link between sender and receiver. It is designed to provide privacy on a public blockchain. Ethereum is for privacy. — Ethereum (@ethereum) August 19, 2025 Keyring provides direct financial support, pledging two months of all protocol fees generated by its new zkVerified vaults for the developers’ defense. Meanwhile, the Ethereum Foundation is the strategic partner. The Ethereum Foundation will coordinate the effort and establish a successful test case for this new funding model. Sponsored Sponsored Developers Convicted for Open Source Code In 2019, Storm, Pertsev, and Roman Semenov created and launched Tornado Cash, an open-source cryptocurrency mixer on the Ethereum blockchain. The service significantly enhances users’ transaction privacy and anonymity. The stated primary motivation for its creation was to provide financial privacy for cryptocurrency users. Since Ethereum transactions are public, Tornado Cash…
2025/10/11