Suspicious $210K Loss Linked to SynapLogic on Base Network
An attacker funded through TornadoCash on Ethereum moved assets to the Base network before carrying out multiple suspicious transactions, according to monitoring system data.
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Summary
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Terms & Concepts
TornadoCash: A privacy-focused Ethereum protocol that enables users to obfuscate transaction history by mixing cryptocurrency funds.
Base network: A layer-2 blockchain powered by Coinbase, operating on Ethereum to provide faster and lower-cost transactions.
Blockchain bridge: A tool that allows transferring cryptocurrency or data between different blockchain networks.