PancakeSwap Liquidity Pool Attacked, Hacker Steals $1.1M and Transfers to Tornado Cash

CoinFeed June 20 news, according to on-chain monitoring data from blockchain security firm PeckShield, the OLPC/LABUBU trading liquidity pool on PancakeSwap on BNB Chain was attacked by hackers, who stole approximately $1.1 million worth of crypto assets. After the attack, the hacker quickly moved the funds, bridging all stolen assets to the Ethereum network and depositing 633.4 ETH into the compliance-restricted mixing protocol Tornado Cash, using the mixing tool to sever the fund trail and significantly increase the difficulty of asset tracing. In addition, the attacker conducted a small test transfer, sending 0.0221 BNB and 0.0411 ETH to a long-abandoned address; the purpose of this small transfer is currently unknown.