PancakeBunny hacker siphons $2.9M Ether in Tornado Cash

After three years of dormancy, the PancakeBunny hacker transferred $3 million in stolen ETH via Tornado Cash, highlighting ongoing security challenges in the DeFi space.

Part of the stolen funds connected to PancakeBunny, a decentralized finance protocol on the Binance Smart Chain, was funneled through the privacy protocol Tornado Cash after three years of dormancy.PancakeBunny, the decentralized finance yield farming aggregator, was unable to recover the stolen funds and eventually dissolved the protocol,Based on current market prices, the hacker siphoned roughly $3 million in Ether. According to CertiK, the PancakeBunny exploiter currently holds $11.

The move allows developers expecting high resource demands during peak hours to use Alibaba Cloud’s additional computing, storage and distribution resources.Kraken chief security officer Nicholas Percoco claimed that an unnamed security team — not revealed to be CertiK at the time — had committed “extortion” by refusing to return any funds until the exchange agreed to provide “a speculated $ amount that this bug could have caused if they had not disclosed it.

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