In brief

  • $3.6 million has been sent from yield farming platform Hypervault Finance to crypto mixer Tornado Cash in an “abnormal withdrawal.”
  • The funds were bridged to the Ethereum chain before being sent to Tornado Cash, according to reports from blockchain security firms.
  • Hypervault’s social media and website remain inaccessible following the incident.

Some $3.6 million has been sent from Hyperliquid yield farming platform Hypervault Finance to crypto mixer Tornado Cash in an “abnormal withdrawal.”

Security firm PeckShield noted the transfer, in which $3.6 million worth of cryptocurrencies were bridged to the Ethereum chain before being transferred to Tornado Cash. CertiK, a Web3 security service provider, disclosed the specific wallets linked to the suspected withdrawals.

Hypervault Finance’s Go to Source to See Full Article
Author: Akash Girimath

BTC NewswireAuthor posts

BTC Newswire Crypto News at your Fingertips

Comments are disabled.