US Sanctions 'Tornado Cash' for Laundering Crypto Funds for North Korea
The North Korean hackers allegedly used the cryptocurrency-mixing service Tornado Cash to launder funds tied to two major heists earlier this year.
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The North Korean hackers allegedly used the cryptocurrency-mixing service Tornado Cash to launder funds tied to two major heists earlier this year.
The attack is the latest to target a crypto bridge. Cross-chain bridges have lost $1 billion to theft so far in 2022.
Bad actors drained an estimated $190 million in funds from the San Francisco-headquartered blockchain bridge site, which facilitates people exchanging their crypto-tokens from one site to another.
Cryptocurrency service Nomad has suffered a "chaotic" attack, with hackers draining almost $200 million in digital funds from the company within a few hours.In a tweet, Nomad said it is "working around the clock to address the ...
In a chaotic attack on cyber service Nomad, hackers steal $200 million within a few hours