DeFi

Nomad exploit wallet address transfers $1.5M to Tornado Cash

An deal with associated to the $190-million Nomad exploit has moved $1.57 million in Ether (ETH) to the sanctioned crypto mixer Twister Money. 

In an alert, blockchain safety agency CertiK flagged {that a} pockets deal with affiliated with the Nomad hack has transferred 1,200 ETH into Twister Money, suggesting that the attackers could also be cashing within the funds. The hacker transferred 12 batches of 100 ETH to the sanctioned mixer.

Nomad hack deal with transferring funds to Twister Money. Supply: Etherscan

The Nomad bridge hack was one of many ten largest crypto hacks in 2022, with greater than $190 million price of digital belongings misplaced. On Aug 1, a whole lot of exploiters flocked to empty the bridge’s whole worth locked in a matter of hours due to a safety breach. Final 12 months, a report revealed that just about 90% of the members within the hack have been copycats who have been in a position to take over $88 million price of digital belongings.

Whereas many attackers participated within the exploit with dangerous intentions, some joined in with the intent to return the tokens. Due to this, a challenge jumped on the alternative to supply a nonfungible token reward for individuals who would select to return stolen funds to Nomad.

Associated: DeFi-type initiatives acquired the best variety of assaults in 2022: Report

In a latest replace launched on Dec. 8, the Nomad crew launched a bridge relaunch information after patching the vulnerability within the contract that led to the $190 million hack. Other than fixing the problems, the agency additionally redesigned the token bridge.

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