Top Crypto Gainers & Losers Today - Tornado Cash Crash, Pepe Price Bounces
In the dynamic world of cryptocurrencies, prices can fluctuate rapidly, presenting both opportunities and risks for investors.
Today, we delve into the latest updates on the top gainers and losers in the crypto market.
Two notable performers are Tornado Cash (TORN) and Pepe, with Pepe securing the second-highest gainer position on Binance USDT pairs.
Additionally, we'll explore the progress of IDEX, which recently gained attention for its connection to DeeLance and Launchpad, both Web3 coins.
Ecoterra also emerges as a top gainer, having surpassed $4 million in raised funds. Finally, AiDoge impresses with an impressive $11 million milestone.
Let's dive into the details and uncover the intriguing developments in the crypto landscape.
An unidentified attacker or group of attackers effectively took control of the decentralized autonomous organization (DAO) managing the operations and funds of Tornado Cash, a privacy-focused crypto mixer.
The attacker floated a malicious proposal that concealed a code function granting them fake votes within the DAO.
With these votes, they gained control over aspects such as TORN tokens held in the governance contract.
The attacker proceeded to withdraw and sell 10,000 votes as TORN.
It's important to note that this attack does not impact the actual Tornado Cash protocol, which allows users to obscure the movement of funds.
The Tornado Cash community is now proposing to revert the changes made by the attacker.
Additionally, it was observed that the attacker maliciously minted over 1 million torn tokens, valued at over $4 million.
The recent events surrounding the Tornado Cash protocol have also affected the price of TORN on the Binance exchange.
In response to the protocol's circumstances,
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