The transfer to Tornado Cash, a privacy-focused Ethereum mixer, underscores the difficulties in tracing stolen assets once they enter such platforms. Tornado Cash allows users to obscure the origin and destination of their transactions, making it a popular choice for those seeking to launder or hide illicitly obtained cryptocurrencies. This incident adds to the growing list of security breaches and exploits in the DeFi sector, raising questions about the robustness of security measures in place to protect users and their assets.
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According to Odaily, recent monitoring by Onchain Lens reveals significant movements of Bitcoin from the Mt. Gox wallet. Six days ago, the wallet transferred 32,371 BTC, valued at approximately $2.19 billion, to an unknown wallet. Just 20 minutes ago, this unknown wallet moved 27,871.3 BTC, worth around $2.24 billion, to another unidentified wallet. Additionally, 2,500 BTC, valued at about $200.95 million, were transferred back to the Mt. Gox wallet.
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According to Odaily, the cryptocurrency SUI has recently achieved a new all-time high, briefly surpassing the 3.2 USDT mark. As of the latest update, SUI is trading at 3.1552 USDT, reflecting a 24-hour increase of 16.66%. This significant price movement highlights the growing interest and volatility in the cryptocurrency market.
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