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Project

Tornado Cash

Ethereum-based, non-custodial cryptocurrency mixing protocol that obscures transaction trails by pooling and redistributing deposited funds.

Known aliases

  • TORN
  • Tornado Cash mixer

Current stories

investConfirmed6 publishers

Bitquery counts $102 million drained from 324 Ledger-linked wallets across six chains

Bitquery estimates $102 million was drained from 324 Ledger-linked wallets on six chains, up from about $86 million earlier. Ledger says its chips, software and servers were not breached and calls it a distribution-channel attack.

Perspective Coverage

6 publishers
Builder
Builder 23%
Operator
Operator 44%
Investor
Investor 33%

Reality

Evidence55
Adoption
Not scored
Hype gap+12
Incentives55
Confidence60
productOne report1 publisher

MediaMarktSaturn pulls Ledger wallets in every country after an implant report in Germany

MediaMarktSaturn has pulled Ledger wallets from its roughly 1,070 stores and websites in every country it operates in. Ledger ties every confirmed case to a Southeast Asian reseller, but one buyer says he found modified units at two MediaMarkt stores.

Publishers:gizmodo.com

Reality

Evidence55
Adoption
Not scored
Hype gap−10
Incentives50
Confidence45
investOne report1 publisher

Triple-A's treasury attacker sends $12.4M of ether into Tornado Cash in 56 deposits

Triple-A's July treasury attacker deposited 4,970 ETH, about $12.4 million, into Tornado Cash on Oct. 9, blockchain security firm Salus said. Getting the coins back now depends on tracers tying withdrawals from the mixer to the attacker, as Salus did once with earlier withdrawals.

Publishers:crypto.news

Reality

Evidence52
Adoption48
Hype gap0
Incentives58
Confidence50
investOne report1 publisher

Suspect in Ledger reseller breach routes $1.34 million through Tornado Cash and Binance

Onchain Lens traced 430.2 ETH, about $1.07 million, from a suspect in the Ledger CryptoBilis reseller breach into Tornado Cash, plus $270,280 into Binance. The flows are under 2% of the $70.6 million TokenPost valued in the suspect's wallets, so most of what the suspect holds has not been traced to a mixer or exchange as Ledger investigates.

Reality

Evidence45
Adoption
Not scored
Hype gap+10
Incentives
Not scored
Confidence40
investConfirmed9 publishers

Jury convicts Uranium Finance hacker with $31 million of the $53.3 million take already seized

Manhattan federal jurors convicted Jonathan Spalletta of computer fraud and money laundering over the $53.3 million Uranium Finance exploit of 2021. Where the roughly $31 million in crypto seized in February 2025 ends up now turns on restitution and forfeiture rulings still to come.

Perspective Coverage

10 publishers
Builder
Builder 30%
Operator
Operator 42%
Investor
Investor 28%

Reality

Evidence85
Adoption
Not scored
Hype gap+8
Incentives40
Confidence78
investOne report1 publisher

Attacker sells Frogman's $4 million of drained Solana tokens in nine minutes

Crypto trader Frogman lost about $4 million when his Solana wallets were drained at 4:14 a.m. as TOKEN2049 opened in Singapore. The attacker finished selling within nine minutes, hours before anyone noticed, and the route to his keys is still unknown.

Reality

Evidence55
Adoption
Not scored
Hype gap0
Incentives
Not scored
Confidence50
investConfirmed10 publishers

FinCEN withdraws a crypto mixer rule that would have taken 1.47 million compliance hours a year

FinCEN withdrew its proposal to make about 15,000 institutions report foreign crypto mixer transactions, work it estimated at 1.47 million hours a year. Banks keep their general duty to report suspicious activity, so mixer exposure stays a monitoring job without its own form.

Perspective Coverage

10 publishers
Builder
Builder 25%
Operator
Operator 48%
Investor
Investor 27%

Reality

Evidence70
Adoption
Not scored
Hype gap+12
Incentives60
Confidence68
investConfirmed5 publishers

Drift's capped pledges would lift its DFX recovery rate to about 50 cents at most

Drift's DFX recovery token opened at about 0.0104 USDT per dollar lost in the $295.4 million April exploit, roughly one cent on the dollar. Paying every capped pledge in full would lift that to about 50 cents, and the other half depends on Velocity's revenue and on funds recovered from the attacker.

Perspective Coverage

5 publishers
Builder
Builder 19%
Operator
Operator 42%
Investor
Investor 39%

Reality

Evidence70
Adoption8
Hype gap+25
Incentives55
Confidence65
productConfirmed2 publishers

Aztec brings zk.money back as a private stablecoin wallet capped at $2,500 a transfer

Aztec Labs is bringing back zk.money as a private DAI wallet that caps every transfer at $2,500 and all users' deposits combined at $50,000 a day. Raising either limit means a new contract that each user must opt into. The caps arrive while US law on privacy wallets remains unsettled.

Publishers:decrypt.co gizmodo.com

Reality

Evidence60
Adoption
Not scored
Hype gap+30
Incentives55
Confidence62
investConfirmed4 publishers

Lido says MetaMask's precautionary validator exit will mean foregone staking rewards, no action needed from stETH holders

MetaMask is pulling its Ethereum validators out of Lido after an infrastructure compromise, putting the stake on a round trip Lido says can take up to 45 days. The stake earns no rewards on the way, and stETH holders share that cost, for an attack whose only documented theft so far is diverted block rewards.

Perspective Coverage

4 publishers
Builder
Builder 26%
Operator
Operator 41%
Investor
Investor 33%

Reality

Evidence60
Adoption
Not scored
Hype gap+15
Incentives65
Confidence58
investOne report1 publisher

One Bitget breach supplied half of September's record $766 million in crypto hack losses

Crypto hacks drained $766.49 million in September, a 2026 monthly record, and $387.5 million came from one breach of Bitget's hot wallets. After the money returned from the Liquid Network exploit, that one exchange accounts for about 80% of what stayed stolen.

Reality

Evidence45
Adoption
Not scored
Hype gap+10
Incentives
Not scored
Confidence50
investConfirmed4 publishers

Storm's Tornado Cash retrial slips to April 2027, and the developer question slips with it

The judge moved the second trial to April 26, 2027, on the defense's own request. The count that would actually settle non-custodial developer liability is still waiting on sentencing.

Perspective Coverage

4 publishers
Builder
Builder 47%
Operator
Operator 34%
Investor
Investor 19%

Reality

Evidence78
Adoption
Not scored
Hype gap+10
Incentives60
Confidence74
securityOne report1 publisher

Moonwell attacker turned $1.95m of principal into $11.03m of Base borrows

The Moonwell post-mortem puts externally supplied capital at $1.95m. Recycled through repeated borrowing, that money moved $7.5m of MAMO buying. That ratio, rather than the loss total, sets an attacker's entry price.

Publishers:forum.moonwell.fi

Reality

Evidence74
Adoption68
Hype gap−8
Incentives76
Confidence58
buildOne report1 publisher

A $951 vote took $8.5M from Term Finance, and no audit was ever going to catch it

The contracts behaved as written. The hole was in the permission model, priced in public: a controlling stake in the vault's governance token was on sale for half an ETH.

Publishers:dev.to

Reality

Evidence40
Adoption20
Hype gap+22
Incentives32
Confidence38
investOne report1 publisher

Term Labs' $8.5M drain needed no bug, only the votes depositors never claimed

The attacker bought a controlling stake in four vaults for a few dollars, because voting rights at Term required a manual second step that almost no depositor took.

Reality

Evidence32
Adoption28
Hype gap+18
Incentives58
Confidence34
investOne report1 publisher

Two ETH bought a supermajority: Term Finance's $8.5M loss was a vote, not a bug

An attacker seeded with 2 ETH from Tornado Cash took full voting control of four USDC vaults and 91% of a meta vault, then voted the money out. The contracts held.

Reality

Evidence34
Adoption28
Hype gap+14
Incentives58
Confidence33
investOne report1 publisher

A 2022 oracle hack starts moving again, three days after Pando shut its books

The Pando Rings exploiter swapped 3 million DAI for about 1,570 ETH on CoW Protocol, then pushed 800 ETH into Tornado Cash as the protocol entered maintenance mode.

Reality

Evidence42
Adoption48
Hype gap+14
Incentives58
Confidence40

Earlier coverage