en
Back to the list

Latest Update: Binance Restarts TORN Deposits, Implements Changes for Tornado Cash

source-logo  coingabbar.com 30 May 2023 14:42, UTC

Binance, a major cryptocurrency exchange, has reopened deposits for TORN following an attack on Tornado Cash DAO. Deposits for TORN via Ethereum and Binance's BNB Smart Chain had been suspended since the incident occurred. However, after a proposal to restore governance in the TORN DAO was passed, the deposits have been reopened. Additionally, Binance has decided to move Tornado Cash into the Innovation Zone for closer monitoring. The attack on Tornado Cash DAO involved the hacker gaining control of the operations and funds, resulting in the creation of fake votes and the theft of over 1 million TORN tokens.

coingabbar.com