Tornado Cash (TORN) Suffers 27% Drop As Hackers Strike

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Tornado Cash (TORN) has experienced a sudden fall in its market price over the last few hours following news of the DeFi protocol suffering a crypto exploit late yesterday. According to data from CoinMarketCap, Tornado Cash is down 28.25% in the last 24 hours, albeit this only represents a retraced value. Following news of TORN’s attack, the token initially dropped by over 60% before finding support around the price region of $3.86. Since then, TORN has made some upward movement, however not sufficient to cover up the earlier loss. TORN Governance System Breached: $2M Stolen Through a malicious governance proposal,
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Author: coinmaker

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