Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Coinpedia Fintech News on May 22, 2023, 12:01:40 PM
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Privacy-focused crypto mixer Tornado Cash suffered a major setback over the weekend as an unidentified attacker or group seized control of its management DAO. Through a malicious proposal embedded with hidden code, the attacker gained the ability to generate fraudulent votes, giving them leverage over Tornado Cash's operations.
This includes influencing the handling of TORN tokens in the governance contract and the withdrawal of locked torn tokens. The incident resulted in a 40% drop in the price of TORN. However, recent updates from the attackers have caused a 10% price surge, leaving the crypto community intrigued about .....read on