TrustedVolumes has been attacked, with $278k being laundered—just another routine operation in the crypto theft events. The reason these attacks keep happening is due to several underlying logical factors.

First, the characteristics of on-chain assets are anonymity and irreversibility; once the attacker succeeds, it’s very difficult to recover the funds, making the gains extremely high and the costs very low for them. Second, many project teams focus more on operations than security; their contract code has not undergone multiple audits, leaving many vulnerabilities, and attackers can easily find an entry point to siphon off funds.

More importantly, mixing and cross-chain tools like TornadoCash and THORChain provide attackers with perfect laundering pathways— in this attack, the attacker directly transferred the funds across chains from secondary tokens to main tokens, completely cutting off the traceability. Plus, with the difficulty of cross-border regulatory enforcement, attackers generally don’t face consequences, so they operate recklessly.

Ultimately, the frequent occurrence of such events is the result of the combined effects of on-chain asset characteristics, project security vulnerabilities, the convenience of laundering tools, and regulatory gaps. For us traders, it’s best not to interact with small, unaudited protocols—principal safety always outweighs high returns. #比特币波动 $BTC $ETH