The account behind the $100 million cyberattack on the Harmony network last week moved millions of dollars worth of funds last night, according to blockchain data.
Looking at the blockchain data, it shows that the hacker/s-owned wallet marked “Horizon Bridge Exploiter” has started to move 36,000 Ethereums worth over $44 million in the last 26 hours.
Today, attackers first get about a wallet. $22.125 million worth 18,000 Ethereum carried it. Then about 6,000 ETH Moved “0x89f89d61644c6e606efb25a01210159f102fbd8b” to wallet with public key. Attacker with these Ethereums Tornado Cash It is thought to have started a “cleanup” operation on its network.
Harmony developers had a meeting on Tuesday morning. in the tweetmade a statement that they were aware of the movements;
We are aware that attackers have started transferring money through Tornado Cash. The team works with two different highly respected blockchain monitoring and analytics partners and is collaborating with the FBI as part of the investigation into this criminal activity.
Tornado Cash has a chain that makes it impossible to track coin transfers between a source and a destination address. This allows exploiters and hackers to hide their addresses while withdrawing illegally earned funds. Tornado Cash, a “scrambler” that allows users to hide their digital traces on the Ethereum blockchain, also played a key role in the “money laundering” process of Ethereums stolen from Axie Infinity’s Ronin network, which was similarly hacked in the past months.
The largest wallet belonging to the attackers continues to hold over 49,000 Ethereum, or approximately $59 million in cryptocurrencies, as of today. Meanwhile, the price of Harmony’s native ONE token has slumped nearly 9% in the past 24 hours, as low as $0.02.