CDS Crypto News After Steadefi Attack, 624.3 ETH Transferred to Tornado Cash Revealed
Crypto News

After Steadefi Attack, 624.3 ETH Transferred to Tornado Cash Revealed

The strategic moves of the perpetrators behind the Steadefi attack have been revealed.

500
After Steadefi Attack, 624.3 Eth Transferred To Tornado Cash Revealed

Crypto News – The Steadefi attack‘s perpetrators made a strategic maneuver, according to MistTrack tracking.

After Steadefi Attack, 624.3 ETH Transferred to Tornado Cash Revealed

Tornado Cash has received 624.3 ETH in total, worth almost $1.03 million, in a covert transfer. The crypto community is intrigued and alarmed by this tactical move since it adds another level of intricacy to the attack’s aftereffects.

When Did the Attack Occur?

When Steadefi experienced a huge financial setback on August 8, the episode that rocked the cryptocurrency community first came to light. It was then discovered that the attack had caused an incredible loss of about $1.1 million. Questions about the attackers’ motivations and future plans are now being raised in light of the discovery of the migration of 624.3 ETH to Tornado Cash.

This most recent evolution was discovered due in large part to MistTrack’s monitoring capabilities.

Their diligent monitoring of blockchain transactions has given them a critical understanding of the movements taking place in the cryptocurrency market. Discussions regarding the overall security and susceptibility of DeFi platforms are sparked by the transfer of assets to Tornado Cash, which also highlights how sophisticated the attackers were.

After Steadefi Attack, 624.3 Eth Transferred To Tornado Cash Revealed
Sources:coincu
Written by
lectertodd

Lectertodd is 27 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

1 Comment

Related Articles

Sui Blockchain Faces First Major Outage: What Happened and What’s Next

Sui blockchain faces its first major outage—learn what happened, the impact on...

MicroStrategy Stock Reaches New High as Bitcoin Surges Above $98,000

MicroStrategy’s stock surged to a new all-time high as Bitcoin reached $98,000,...

Mysten Labs Resolves Sui Blockchain Outage, dApps Resume Functioning

Mysten Labs Resolves Sui Blockchain Outage, dApps Resume Functioning

Top 3 Cryptos on November 21: Qubetics Soars as Ethereum and Solana Face Resistance

Top 3 Cryptos on November 21: Qubetics Soars as Ethereum and Solana...