PANews, June 20: According to on-chain monitoring data from blockchain security firm PeckShield, the OLPC/LABUBU liquidity pool on PancakeSwap over BNB Chain was hacked, with the attacker stealing approximately $1.1 million worth of crypto assets. Following the attack, the hacker swiftly transferred all stolen assets across chains to the Ethereum network and deposited 633.4 ETH into the compliantly restricted mixer Tornado Cash, using the mixing service to obscure the transaction trail and significantly complicate asset tracking. Additionally, the attacker conducted small test transfers, sending 0.0221 BNB and 0.0411 ETH to a long-unused address; the purpose of this small transfer remains unconfirmed.
PancakeSwap Liquidity Pool Hacked, $1.1 Million Stolen and Sent to Tornado Cash
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Summary
On-chain reports indicate that a liquidity pool on PancakeSwap within the BNB Chain was compromised, with attackers stealing approximately $1.1 million in cryptocurrency. The stolen funds were swiftly transferred to Ethereum, where 633.4 ETH was deposited into Tornado Cash. A small test transfer of 0.0221 BNB and 0.0411 ETH was also sent to an old address, raising concerns. Ethereum-related news underscores the increasing use of privacy tools in such attacks.
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