The US Department of Treasury placed sanctions on 08 August 2022 regarding Tornado Cash, a leading "crypto mixer" for transactions in virtual currency that US officials describe as a hub for laundering stolen funds, including by North Korean hackers. The Treasury Department reported Tornado Cash had been used to transfer at least $96 million of funds stolen in June from crypto exchange service Harmony Bridge and another $7.8 million of the nearly $200 million in cryptocurrency hacked from Noma
ethereum (2)
The Ronin Network announced yesterday that hackers have stolen more than $600 million worth of Ethereum (173,600 ETH) and $25.5 million of US dollar-pegged stablecoin USDC, making it one of the largest decentralized finance (DeFi) hacks to date. The company, which is tied to the popular blockchain game Axie Infinity, said in a Substack post that they suffered a security breach on March 23. Sky Mavis, a blockchain gaming company, built and controls the Axie Infinity game.
The hack involved the
