An attacker has taken over TornadoCash governance using a malicious proposal
. At the time of writing, the attacker “simply withdrew 10,000 votes as TORN and sold it all,” said @samczsun.
The attack comes as a reminder to crypto investors to vet proposal descriptions and logic. An active community of Tornado Cash, who goes by the name Tornadosaurus-Hex or Mr. Tornadosaurus Hex, confirmed that all funds in Governance are potentially compromised and requested all members to withdraw all funds locked in governance.
As shown above, they also attempted deploying a contract that could potentially revert the changes while still suggesting the community to withdraw their funds. Cointelegraph also came across a distress call from one of Tornado Cash’s community developer who confirmed the above developments, stating:
“There was an attack on the protocol this morning that you already know about. All day, another community developer and I thought about what to do, but the situation is close to hopeless - currently the attacker controls Governance.” The team is currently in search of Solidity developers that can help save the protocol from extinction. They additionally stated that “we need contact with Binance - this exchange has more tokens than the attacker.”A former Tornado Cash developer is reportedly working on building a new crypto mixing service from scratch, which addresses the “critical flaw” existing in Tornado Cash.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
'Inferno Drainer' scam as a service has stolen $5.9M since March: ReportNew ‘Inferno Drainer’ scam as a service has reportedly helped scammers steal over $5.9 million since March.
Lire la suite »
America's Last EF5 Tornado Was 10 Years Ago | Weather.comDespite this rather stunning stat, it doesn't take the most intense tornado to be damaging and deadly. - Articles from The Weather Channel | weather.com
Lire la suite »
Tom Cotton: Strip colleges of cash when they deny free speechTom Cotton is pushing a bill to end funding for campuses which disrespect the First Amendment, like Stanford Law where a Trump judge was shouted down.
Lire la suite »
Cash App founder Bob Lee's accused killer pleads not guiltyInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Lire la suite »
Bob Lee Murder: The Story of the Cash App Founder and His Alleged KillerWatch: The fatal stabbing of tech executive Bob Lee rocked Silicon Valley. KirstenGrind reveals details about what brought the Cash App founder and his alleged killer together.
Lire la suite »
Donald Trump is worth billions — here's how he's spent his cashInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Lire la suite »