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The bug Onyx Protocol hacker exploited to steal $2.1 million was previously used by a hacker to extort $7 million from Hundred Finance. Decentralized peer-to-peer lending protocol Onyx Protocol lost roughly $2.1 million in an exploit of a market with no liquidity that was deployed on Oct. 27.  The Onyx Protocol hacker exploit ed a known bug, a rounding issue behind the popular CompoundV2 fork, explained blockchain investigator PeckShield soon after alerting about the hack that went unnoticed by the protocol. #PeckShieldAlert @OnyxProtocol has been exploit ed for ~2.1M pic.twitter.com/5Z50tCg6MD — PeckShieldAlert (@PeckShieldAlert) November 1, 2023 The alleged liquidity lacking oPEPE market was “abused with donation to borrow funds from other markets with liquidity,” found PeckShield’s independent investigation on the matter. “The donated funds were then redeemed by exploiting the known rounding issue.” Previously, on April 16, an attacker exploit ed the same bug to steal $7 mi...

Founders of crypto mixer Tornado Cash, Roman Storm and Roman Semenov, are indicted on charges including money laundering, potentially facing 20 years in prison. In the Aug. 23 press release, Roman Storm and Roman Semenov, the developers behind Tornado Cash, have been accused of processing hundreds of millions of dollars for North Korea’s Lazarus Group, a hacking entity subjected to sanctions.  You might also like: Lazarus Group may be responsible for Harmony Bridge hack The charge s stem from their purported establishment, management, and promotion of Tornado Cash, a cryptocurrency mixer reportedly enabling over $1 billion in money laundering transactions. Both Storm and Semenov are being held with a single charge each of conspiring to engage in money laundering and conspiring to breach the International Economic Emergency Powers Act. If these charge s end in convictions, Strom and Semenov will have a prison sentence of up to 20 years. Both parties are also fac...