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Hackers Use Tornado Cash to Move Funds Stolen from BRA Attack

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It is reported that according to CertiK monitoring, hackers have transferred funds from the BRA attack to Tornado Cash. Black address 2 (0xE2Ba1…) first tran…

Hackers Use Tornado Cash to Move Funds Stolen from BRA Attack

It is reported that according to CertiK monitoring, hackers have transferred funds from the BRA attack to Tornado Cash. Black address 2 (0xE2Ba1…) first transfers the funds to the address 0xf7135… and then deposits them in Tornado Cash. Up to now, 230 BNBs (about 70000 US dollars) have been transferred to currency mixers

Security team: hackers have transferred the funds from the BRA attack to Tornado Cash

Interpretation of the news:


Recently, it was reported that a group of hackers have moved funds stolen from the BRA attack to the privacy-focused cryptocurrency mixer Tornado Cash. According to CertiK monitoring, the hackers transferred around 230 BNBs (approximately 70,000 US dollars) to Tornado Cash in order to make the funds untraceable. This is not the first time Tornado Cash has been used by hackers to cover up their tracks.

The BRA attack, also known as the BurgerSwap attack, involved the exploitation of a smart contract vulnerability to steal funds from multiple decentralized finance (DeFi) projects on the Binance Smart Chain (BSC). The hackers managed to steal around $7.2 million worth of cryptocurrency during the attack. Since then, efforts have been made by various organizations to track down the stolen funds and identify the culprits behind the attack.

CertiK, a blockchain security company, has been monitoring the movement of funds related to the BRA attack. They found that the hackers first transferred the stolen funds from the black address 2 (0xE2Ba1…) to another address (0xf7135…) before depositing them in Tornado Cash. The currency mixer allows users to mix their cryptocurrency with other users’ funds, making it difficult to trace the original source and destination of the funds.

The use of Tornado Cash by hackers highlights the importance of privacy-focused cryptocurrency tools and the need to improve security measures to prevent attacks. While anonymity is a valued aspect of the cryptocurrency world, it can also be exploited by hackers and criminals to commit crimes such as money laundering and terrorism financing.

In conclusion, the recent movement of funds stolen from the BRA Attack to Tornado Cash highlights the risks and challenges faced by the cryptocurrency industry. It underscores the need for greater collaboration between stakeholders to improve security measures and mitigate the risks of such attacks in the future.

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