• About Us
  • Careers
  • Contact
No Result
View All Result
Thursday, May 29, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result

Voltage Finance Exploiter Resurfaces, Moves $182K in ETH to Tornado Cash After Months of Silence

7 May 2025
in Crypto, News
Reading Time: 3 mins read
101 8
Home News Crypto

After more than five months of inactivity, the hacker behind the 2022 Voltage Finance exploit has resurfaced—this time, moving a portion of the stolen Ether through Tornado Cash, a privacy-focused mixer.

On May 6, blockchain security firm CertiK flagged the movement of 100 Ether, worth approximately $182,783 at the time, from a wallet tied to the initial exploit. Though the transaction came from a different address, on-chain analysis confirmed the funds are traceable to the same attacker who drained Voltage Finance over two years ago.

The March 2022 breach exploited a vulnerability in the ERC-677 token standard—specifically, a built-in callback function that enabled a reentrancy attack. This allowed the hacker to siphon millions from the DeFi lending platform’s pool, escaping with a haul that included stablecoins like USDC and BUSD, along with wrapped Bitcoin and Ethereum tokens.

According to Etherscan, the wallet that facilitated the recent Ether movement had remained dormant since November, with its last activity recorded 166 days ago.

Following the 2022 incident, Voltage Finance publicly flagged the exploiter’s address and reached out to centralized exchanges to freeze related transactions. The team also attempted to negotiate a bounty for the return of funds, though those efforts were unsuccessful.

Voltage has since faced more turmoil. On March 18, 2025, the platform fell victim to another exploit—this time targeting its Simple Staking pools. Around $322,000 was stolen. In a postmortem shared two days later, the protocol revealed it offered a $50,000 bounty and suspected that a former developer with access to the staking pools may have been involved. His access was immediately revoked, and police reports were filed.

This latest development comes amid a surge in crypto-related losses. According to CertiK report, April alone saw a staggering 1,163% jump in stolen funds, primarily driven by a $330 million theft from a U.S. victim’s wallet, orchestrated through advanced social engineering. Without that incident, losses for the month still climbed to $34 million—up 21% from March.

However, not all the news was grim. The hacker behind the $7.5 million KiloEx exploit returned the full amount just four days after the attack. Similarly, ZKsync Association recovered $5 million worth of tokens following a breach of its airdrop distribution contract on April 15.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

Don't miss out!

Subscribe To Our Newsletter

Receive top education news, lesson ideas, teaching tips and more!
Invalid email address
Give it a try. You can unsubscribe at any time.
Thanks for subscribing!
Tags: Tornado CashVoltage Finance
Share63Tweet40Share11
Previous Post

South Korean Presidential Candidate Lee Jae-myung Pledges Spot Crypto ETF Legalization to Woo Youth Voters

Next Post

BlackRock’s Bitcoin ETF Nears $5B in Inflows as BTC Eyes $97K Amid Bullish Momentum

Favour Okosodo

Favour Okosodo

Experienced web content writer with a strong command of SEO, specializing in creating concise, engaging content that drives traffic and enhances conversions across diverse industries.

Related Posts

source: decrypt.co
Crypto

White House Eyes More Bitcoin Purchases — David Sacks

28 May 2025
source: theblock.co
Crypto

Metaplanet to Raise $50M via Zero-Interest Bonds to Expand Bitcoin Holdings

28 May 2025
source: theblock.co
Crypto

TON Foundation Taps Former Visa Exec Nikola Plecas to Lead Global Payments Strategy

28 May 2025
source: coindoo.com
Crypto

Square to Roll Out Bitcoin Payments via Lightning Network by 2026

28 May 2025

Featured Posts

Assessing The Impact of China’s Crypto Crackdown

byOlajumoke Oyaleke
19 January 2025
0

Why Are We Trying to Make Bitcoin Like Ethereum? (And Why We Should Not)

byOlajumoke Oyalekeand1 others
3 January 2025
0

Global Crypto Taxation Trends: Supporting Growth or Hindering Innovation?

byOlajumoke Oyaleke
31 December 2024
0

The 10 Worst Crypto Mistakes And How To Avoid Them | DeFi Planet

The 10 Worst Crypto Mistakes And How To Avoid Them

byArjun Chand
26 August 2021
1

A Dive Into The Life Of Meme Coin, DogeCoin | DeFi Planet

From Comic Relief to Crypto Sensation: The Epic Evolution of Dogecoin

byRose Nnamdiand1 others
4 August 2021
0

Read More

Chain of Thoughts

DAOs and the Coordination of Human Endeavour

DAOs and The Coordination of Human Endeavour

byOlu Omoyele
27 April 2025
0

...

Should DeFi Be Regulated?

Should DeFi Be Regulated?

byOlu Omoyele
27 March 2025
0

...

Is Tokenization All That It’s Cracked Up To Be?

Is Tokenization All That It’s Cracked Up To Be?

byOlu Omoyele
26 February 2025
0

...

We Must Balance Innovation and Regulation for Crypto to Really Thrive

We Must Balance Innovation and Regulation for Crypto to Really Thrive

byOlu Omoyele
29 January 2025
0

...

Markets Update

Your Weekend Crypto Roundup | May 2025 (Week 4)

5 days ago

Your Weekend Crypto Roundup | May 2025 (Week 3)

2 weeks ago

Your Weekend Crypto Roundup | May 2025 (Week 2)

3 weeks ago

Your Weekend Crypto Roundup | April 2025 (Week 4)

1 month ago

Ukraine Proposes 18% Tax on Earnings, What Does It Mean for the Broader Crypto Market?

1 month ago

Bitcoin’s Wild Week: Market Volatility, Key Levels, and Predictions. Can It Smash the $100K Resistance in 2025?

1 month ago
Read More

Events

Bitcoin 2025 Las Vegas
Bitcoin 2025 Las Vegas
27 May 25
Las vegas
Crypto Valley Conference
Crypto Valley Conference
5 Jun 25
Risch-Rotkreuz

Spotlight

All about Ethereum
All about Algorand
All about Bitcoin
All about Gora

Press Releases

Weed Launches Global Well-Being Platform Powered by AI

bychainwire
28 May 2025
0

Cache Wallet Begins Token Sale with Early Demand and Asset Recovery Breakthrough

bychainwire
27 May 2025
0

Gomble Games Launches GOMBLE BUILDERS: A Web3 Game Creation Platform Built by Communities, Made for the Masses

bychainwire
26 May 2025
0

Flipster Launches APR Supercharge With Up to 122% Yield on USDT—Setting a New Competitive Benchmark

bychainwire
26 May 2025
0

Venom Foundation Achieves 150k TPS in Closed-Network Stress Test, Paving the Way for 2025 Mainnet Upgrade

bychainwire
23 May 2025
0

Read More

ADVERTISING

ABOUT

TEAM

CAREERS

CONTACT

TERMS & CONDITIONS

PRIVACY POLICY

© Copyright 2025 DeFi Planet

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer

© Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00