{"id":540857,"date":"2023-01-19T13:09:14","date_gmt":"2023-01-19T10:09:14","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/raydium-exploiter-moves-2-7m-to-crypto-mixer-tornado-cash\/"},"modified":"2023-01-19T13:09:14","modified_gmt":"2023-01-19T10:09:14","slug":"raydium-exploiter-moves-2-7m-to-crypto-mixer-tornado-cash","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/raydium-exploiter-moves-2-7m-to-crypto-mixer-tornado-cash\/","title":{"rendered":"# Raydium exploiter moves $2.7M to crypto mixer Tornado Cash"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a350eb37d68f\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a350eb37d68f\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/raydium-exploiter-moves-2-7m-to-crypto-mixer-tornado-cash\/#%E2%80%9D_Raydium_exploiter_moves_27M_to_crypto_mixer_Tornado_Cash_%E2%80%9C\" >&#8221; Raydium exploiter moves $2.7M to crypto mixer Tornado Cash &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Raydium_exploiter_moves_27M_to_crypto_mixer_Tornado_Cash_%E2%80%9C\"><\/span>&#8221; Raydium exploiter moves $2.7M to crypto mixer Tornado Cash &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDEvZTQyZDY3MmMtMTE0YS00YWRmLTk2ZGYtNzhmNjQ1MjBmYzNlLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a4050f8>In an alert, blockchain security firm CertiK reported that the Raydium protocol exploiter had sent 1,774.5 Ether (ETH) to the mixer. The amount is worth around $2.7 million at the time of writing. <\/p>\n<p>While security teams from various exchanges continue to combat the efforts of hackers, funds continue to flow to the sanctioned cryptocurrency mixer Tornado Cash.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/CertiKSkynetAlert?src=hash&amp;ref_src=twsrc%5Etfw\">#CertiKSkynetAlert<\/a> <\/p>\n<p>We are seeing ~1,774.5 ETH (~$2.7M) being deposited into <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TornadoCash?ref_src=twsrc%5Etfw\">@TornadoCash<\/a> from the Raydium exploiter 0xb98ac as labeled on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/lb2v6r8c4s\">https:\/\/t.co\/lb2v6r8c4s<\/a>.<\/p>\n<p>Stay vigilant! <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/JVqWAw9MVO\">pic.twitter.com\/JVqWAw9MVO<\/a><\/p>\n<p>\u2014 CertiK Alert (@CertiKAlert) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CertiKAlert\/status\/1615977628627787776?ref_src=twsrc%5Etfw\">January 19, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>The attack on the Solana-based decentralized finance (DeFi) protocol occurred back on Dec. 16. According to the developers, the hackers took control of the exchange owner\u2019s account and drained the liquidity provider funds consisting of various digital assets like USD Coin (USDC), Wr<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ed Solana (wSOL) and Raydium.<\/p>\n<p>Following the initial investigation, the DeFi protocol determined that the exploit was due to a vulnerability in the decentralized exchange&#8217;s smart contracts. This allowed admins to withdraw liquidity pools as fees. <\/p>\n<p>Because of the losses, the Raydium team also proposed a plan to compensate the victims of the hacks, involving using the decentralized autonomous organization treasury to buy missing tokens, repaying those affected by the exploit. <\/p>\n<p>In a report released on Jan. 9, blockchain analysis firm Chainalysis pointed out that while Tornado Cash sanctions had some effect on the mixer, no organization can &#8220;pull the plug&#8221; easily compared to centralized services. While its website can be taken down, its smart contracts are able to run indefinitely, highlighting that anyone can continue to use it at any time. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Balancer warns some LPs to remove liquidity ASAP because of a \u2018related issue\u2019<\/em><\/strong><\/p>\n<p>While hackers continue to move funds actively, it doesn\u2019t always end up as a win for them. Recently, centralized crypto exchanges Binance and Huobi were able to detect and freeze funds deposited by the Harmony One hackers. Binance CEO Changpeng Zhao reported that their security team collaborated with Huobi to recover 121 Bitcoin (BTC) from the hackers, which was worth $2.5 million at the time. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"defi_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/raydium-exploiter-moves-2-7m-to-crypto-mixer-tornado-cash\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Raydium exploiter moves $2.7M to crypto mixer Tornado Cash &#8220; In an alert, blockchain security firm CertiK reported that the Raydium protocol exploiter had sent 1,774.5 Ether (ETH) to the mixer. The amount is worth around $2.7 million at the time of writing. While security teams from various exchanges continue to combat the efforts&#8230;<\/p>\n","protected":false},"author":1,"featured_media":540858,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2023-01\/e42d672c-114a-4adf-96df-78f64520fc3e.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74868,74882,70944],"class_list":["post-540857","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-defi","tag-hacks","tag-hackers"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/540857","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=540857"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/540857\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/540858"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=540857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=540857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=540857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}