Home Attacker Takes Over Tornado Cash DAO

Attacker Takes Over Tornado Cash DAO

Share
Share

Attacker Takes Over Tornado Cash DAO

On Saturday, an unidentified attacker, or group of attackers, effectively took over the DAO in charge of Tornado Cash’s operations, funds, and future.

At the start of the weekend, the attacker circulated a malicious proposal that concealed a code function that granted them fake votes, which can now be used to handle some aspects of Tornado Cash, such as torn (TORN) tokens held in the main governance contract or the withdrawal of locked torn tokens.

This was accomplished by submitting a proposal that resembled an earlier version – except for some malicious code that allowed for the updating of logic, granting the attacker access to all governance votes.

“Now that they have all the votes, they can do whatever they want,” security research @samczsun tweeted on Sunday. “In this case, they simply withdrew 10,000 votes as TORN and sold it all.”

As such, this attack does not impact the actual Tornado Cash protocol – which allows users to pass funds through the service to mask or obscure the movements of funds and crypto addresses.

(With inputs from Shikha Singh)

Share

Latest News

Dubai Police, US & China Avert $562M In Crypto Scam Losses, Unravel "Pig Butchering" Network
News

Dubai Police, US & China Avert $562M In Crypto Scam Losses, Unravel “Pig Butchering” Network

A massive, coordinated international law enforcement operation has struck a blow to the booming cryptocurrency scam industry. Authorities have arrested 276 people...

OKX Rolls Out Agent Payments Protocol For Full AI-driven Transactions
News

OKX Rolls Out Agent Payments Protocol For Full AI-driven Transactions

OKX has introduced an open standard for agent-led transactions, rolling out its Agent Payments Protocol (APP) to support full-cycle business activity handled...

Wall Street To Launch The First Ever Prediction Market ETFs For U.S. Elections
News

Wall Street To Launch The First Ever Prediction Market ETFs For U.S. Elections

Roundhill Investments is set to launch the first U.S. exchange-traded funds (ETFs) tied to prediction markets next week, with two other asset...

MoonPay Acquires Israeli Crypto Security Firm Sodot In $100M Stock Deal
News

MoonPay Acquires Israeli Crypto Security Firm Sodot In $100M Stock Deal

Crypto payments firm MoonPay has acquired Sodot, an Israeli crypto security startup, as part of its plan to launch MoonPay Institutional, a...

Latest Blogs

“Click, Token, Own!” Why RWA Is The Future Of Finance?

A financial revolution, RWA tokenization bringing real-world assets onto blockchain RWA tokenization increases accessibility, quickness and transparency, pushing markets to expand rapidly,...

Top 5 Ways To Spot The Best AI Coin

Artificial Intelligence (AI) is the talk of the town as it goes on to completely alter the intrinsic landscape of our industries...

Stablecoins Go Mainstream: How Hong Kong’s Bold Regulation Is Shaping Future Of Digital Finance

The word “stablecoin” is no longer limited to tech jargon in today’s quickly changing financial scene. It is now a structural component...

How Blockchain Is Revolutionizing Real Estate Market

Introduction The real estate business is seeing significant, long-term expansion, fueled by expanding urbanization and increased investments. As it is, the global...

Related Articles

“Click, Token, Own!” Why RWA Is The Future Of Finance?

A financial revolution, RWA tokenization bringing real-world assets onto blockchain RWA tokenization...

Top 5 Ways To Spot The Best AI Coin

Artificial Intelligence (AI) is the talk of the town as it goes...

Stablecoins Go Mainstream: How Hong Kong’s Bold Regulation Is Shaping Future Of Digital Finance

The word “stablecoin” is no longer limited to tech jargon in today’s...

How Blockchain Is Revolutionizing Real Estate Market

Introduction The real estate business is seeing significant, long-term expansion, fueled by...