$6.2M from SagaEVM Exploit Traced to Tornado Cash Mixer

Published at 2026-01-24 20:15:09

Blockchain tracing shows $6.2 million of the funds stolen in the SagaEVM exploit were deposited into Tornado Cash on Ethereum. Tornado Cash is a privacy-focused mixer designed to break transaction links, and depositing loot into such services is a common step attackers use to launder large sums and frustrate follow-up recovery.

The funneling of funds into Tornado Cash reduces the immediate prospects of reclaiming assets and complicates ongoing investigations, forcing reliance on chain analytics, exchange cooperation and potential legal action. The development underscores that privacy tools remain attractive to bad actors and may prompt renewed scrutiny from regulators, compliance teams and forensic firms monitoring illicit flows. Authorities and victims continue to watch on-chain movements for signs of further cash-out attempts.

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Aethir says it halted a bridge exploit on its Ethereum-linked contracts, keeping losses below $90,000. Security firm PeckShield had earlier estimated the damage at about $400,000; Aethir pledged to compensate affected users.

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Published at 2026-04-10 11:15:12

BlackRock Appoints Galaxy Digital as Validator for ETHB After $435M AUM

BlackRock has tapped Galaxy Digital to serve as a validator for ETHB, its staked-Ethereum ETF, after the fund’s assets topped $435 million on April 8. The appointment broadens the ETF’s validator roster and reflects rising institutional interest in ETH staking.

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Published at 2026-04-09 21:45:38

Tom Lee’s BitMine Uplists to NYSE as Ethereum Firm Boosts Buybacks to $4B

BitMine Immersion Technologies, the Ethereum-focused treasury vehicle associated with Tom Lee, said Thursday it has increased its share buyback authorization to $4 billion and completed an uplisting to the New York Stock Exchange. The moves are aimed at tightening supply and expanding access to institutional investors.

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Published at 2026-04-09 16:15:51

Ethereum Foundation to Convert 5,000 ETH to Stablecoins via CoW Swap TWAP

The Ethereum Foundation plans to offload 5,000 ETH into stablecoins using a TWAP execution via CoW Swap, aiming to limit market impact and timing risk.

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Published at 2026-04-08 17:01:14

Ethereum Foundation Converts 5,000 ETH to DAI in $10M Treasury Move

The Ethereum Foundation has begun converting 5,000 ETH—roughly $10 million—into the stablecoin DAI. The transaction appears to be part of a treasury diversification strategy aimed at preserving funding for long-term development.