Ethereum Pool Attack Leads to $780,000 Loss

A significant loss of approximately $780,000 has been incurred following an attack on the 1ROR/WETH pool on the Ethereum blockchain, as reported by PANews. Cyvers Alerts identified that the attacker exploited a vulnerability within the emergencyWithdraw() function. This resulted in the initial deposit triggering a flaw, allowing the attacker to drain funds and subsequently convert them to ETH before transferring through multiple wallets. Some of these funds were later moved through TornadoCash. Monitoring suggests the attacker’s initial funding source was connected to TornadoCash.