cryptonews: A pair of related hacks drained $20 million from two projects overnight on Thursday. 👀
A pair of related hacks drained $20 million from two separate projects overnight on Thursday.
The attacker then promptly swapped those HAY for $15.5 million worth of BUSD stablecoins — causing a huge loss for Helio. At least $3 million was moved into a Binance hot wallet and frozen, CEO Changpeng "CZ" Zhao tweeted. Among other places, the thief sent about $250,000 of ill-gotten gains through Tornado Cash, the mixing servicein August by the U.S. Treasury Department as it was being used by North Korean hackers from the Lazarus Group to launder hundreds of millions of dollars that is believed to support the rogue nation's nuclear program.
"Due to the contract bug being publicly exploitable, copycat attacks began to take place, although these were far less effective."
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