News

ChainCatcher reported that the liquid staking protocol StakeWise DAO announced that its emergency multisig team has executed multiple transactions, successfully recovering approximately 5,041 osETH (about $19 million) and 13,495 osGNO (about $1.7 million) from the Balancer attacker, totaling around $20.7 million. According to the team, the recovered osETH accounts for about 73.5% of the total amount stolen that day, while the remaining portion is difficult to trace as the attacker quickly swapped it for ETH. All of the stolen osGNO has been recovered. StakeWise stated that these assets will be returned to affected users in proportion to their balances before the attack, and a complete event review and follow-up plan will be released soon.

According to a report by Jinse Finance, on-chain analyst Yu Jin has monitored that the suspected founder of projects such as Hex, PulseChain, and PulseX, Richard Heart, moved 154,000 ETH ($611 million) on October 20, which has now all been transferred into the mixing tool Tornado Cash. In just the past seven hours, he transferred as much as 113,671 ETH ($379 million) into Tornado Cash. These ETH were purchased in March 2024, with a total expenditure of 621 million DAI, at an average price of $3,779. Currently, this position is at a loss.