Cysic dangles a 10% bounty, hacker pours loot into Tornado Cash

The attacker moved $744,000 in ETH and BNB to Tornado Cash after exploiting Cysic’s bridge to mint 10 million tokens on BNB Smart Chain.
The wallet linked to the Cysic bridge exploit sent about $744,000 in cryptocurrencies to Tornado Cash on Friday after the Cysic Foundation offered the attacker a 10% recovery bounty.
The address transferred 300 Ether (ETH) and 30.4 BNB to the crypto mixer, according to blockchain security company PeckShield.
The hacker exploited a bridge vulnerability to mint 10 million Cysic (CYS) tokens on BNB Smart Chain on Saturday. Cysic suspended the bridge and blacklisted the recipient address, freezing about 2.8 million of the newly minted tokens. The foundation said its mainnet and existing assets in user wallets were unaffected.
Source: Cointelegraph →Related News
- 1 hour ago
Bybit secures first full Dubai license for spot trading services
- 2 hours ago
HSBC launches Hong Kong dollar stablecoin for retail payments
- 4 hours ago
Malaysia, Thailand join Singapore’s cross-border stablecoin push
- 6 hours ago
Ethereum delays Glamsterdam Hoodi testnet launch over security risks
- 7 hours ago
Bitcoin Core changes security policy as AI makes bugs easier to find
