TornadoCash

Another serious security breach has shaken the crypto world. The Nervos Network has fallen victim to an exploit after attackers took control of its cross-chain bridge Force Bridge, leading to the theft of approximately $3 million in digital assets.

Attackers Took Over Force Bridge and Laundered the Funds
According to initial reports, an unknown attacker managed to seize control of the Force Bridge—used to connect different blockchains within the Nervos ecosystem. After gaining access, they moved the assets to Ethereum and laundered them through the privacy tool Tornado Cash.
This tactic made it nearly impossible to trace or recover the stolen funds—Tornado Cash is specifically designed to obfuscate transaction trails.

Magickbase and Cyvers Sound the Alarm
The first warning came from Magickbase, a developer of desktop wallets integrated with Nervos. In a post on X (formerly Twitter), the team reported suspicious activity on Force Bridge and immediately shut down related services as a precaution:
“We detected abnormal activity on #ForceBridge and proactively paused the service. Our team is investigating the situation.”

Blockchain security firm Cyvers Alerts followed up with a detailed analysis, confirming that a suspicious address had taken over the bridge and initiated unauthorized transfers from the Nervos network.

Tornado Cash Used as a Laundering Tool
The attacker moved the stolen assets to Ethereum and began funneling the funds through Tornado Cash—a crypto “mixer” that hides transaction origins and destinations. This method of money laundering has become increasingly common among cybercriminals, and once the funds enter Tornado, recovery becomes nearly impossible.

A Growing Threat Across the Blockchain Space
Unfortunately, this isn’t an isolated case. Cross-chain bridges—technologies meant to connect different blockchain ecosystems—have become one of the most targeted components in crypto infrastructure.
Just in the past year, we've seen similar exploits affect the Ronin Bridge, Binance Bridge, Orbit Chain, Socket, and more, costing users millions of dollars.
The Force Bridge was part of Nervos Network’s broader vision of secure and scalable blockchain interoperability. The network has long been praised for its hybrid model that combines Bitcoin’s UTXO system with smart contract functionality. In a 2024 report, Messari even named Nervos CKB a potential breakthrough platform in blockchain programmability.
However, this breach highlights the harsh truth: even technically advanced networks are only as secure as their weakest component.

Tornado Cash: Privacy Protector or Criminal Gateway?
This incident also reignites the ongoing debate around tools like Tornado Cash. While proponents argue it provides privacy benefits to regular users, criminals continue to exploit it to clean massive amounts of stolen funds.
Given the increasing frequency of such events, it's likely that regulatory pressure on privacy-focused tools will continue to intensify.

#Cryptoscam , #CyberSecurity , #NervosNetwork , #BlockchainSecurity , #TornadoCash

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A major security breach has struck crypto exchange BitoPro, with hackers making off with more than $11.5 million in digital assets.
🔍 Key Details:
The hack occurred on May 8, but details only surfaced recently.
On-chain analysts spotted suspicious fund movements to DEXs, Tornado Cash, and even bridging to Bitcoin via THORChain—classic laundering tactics.
BitoPro says user withdrawals remain unaffected and that a third-party security firm is now involved in tracking the stolen funds.
🛡️ Wider Implications:
DeFi platforms remain prime targets—recent exploits have also hit Cetus and Nervos.Security experts are stressing strong access control as a key defense strategy.
💬 The Big Question:

With the rise in sophisticated attacks, how can exchanges and users better protect their assets?
🔔 Follow for in-depth crypto security insights and real-time updates!

#cryptohacks #DeFiSecurity #BlockchainSecurity" #TornadoCash #CryptoNews

In a shocking turn of events in the crypto world, the US Department of Justice (DOJ) has just announced the dissolution of the National Cryptocurrency Enforcement Team (NCET) and has suspended criminal prosecutions against crypto services such as exchanges, coin mixing tools, and cold wallets, unless related to clear crimes such as fraud, rug pulls, or hacks.

This information was disclosed in an internal memo sent to DOJ employees on Monday evening, signed by Deputy Attorney General Todd Blanche. On Tuesday morning, Amanda Tuminelli, the executive director of the DeFi Education Fund advocacy group, publicly announced this memo on social media X.

Crypto industry leaders have sent a letter urging the White House to drop the criminal case against Roman Storm – co-founder of Tornado Cash, who is accused of money laundering. Can pressure from the crypto community change the landscape? Let's analyze in detail.

Pressure from the Crypto Community: Drop the Case Against Roman Storm

On Monday (04/21/2025), the DeFi Education Fund, along with venture capital funds such as Paradigm, Multicoin Capital, and 6th Man Ventures, sent a letter to David Sacks – crypto and AI advisor to the White House – requesting the U.S. Department of Justice (DOJ) to withdraw the 'unlawful' charges against Roman Storm, co-founder of Tornado Cash. Storm was indicted in the Southern District Court of New York on charges of money laundering, violating U.S. sanctions, and operating an unlicensed money transmission service. The trial is expected to take place in July in Manhattan.