Svmuu News: L2BEAT researcher @sergeyshemyakov posted on X, stating that a suspicious DAO proposal appeared on Tornado Cash on June 25, and the target contract for this proposal has not been verified.
The proposal creator’s address received funds via Railgun four days ago. If the proposal passes and is executed, the governance contract will issue a `delegatecall` to the target contract. While the Tornado Cash pool itself is secure, this proposal could directly target the Tornado Cash DAO, which currently holds approximately $23 million worth of TORN tokens.
A suspicious DAO proposal has emerged on Tornado Cash, potentially threatening $23 million in DAO funds
Source:Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
What Is CPS? An Analysis of the Crypto Project Behind the Multi-Meaning Acronym and an Assessment of Investment Risks
-
2
BUSD Stablecoin: An Analysis of Its Definition, Rise and Fall, and Current Status
-
3
Analysis: Bloom Energy (BE) Emerges as Top AI-Power Stock Pick, Reports Over $1 Billion Revenue and $196 Million Net Profit in Q2 2026
-
4
Escalating U.S.-Iran Tensions Push Oil Prices Back Above $80; U.S. Energy Secretary Says No Further Large-Scale Release of Strategic Petroleum Reserve (SPR) Is Expected
-
5
Analysts believe that if the crypto market enters a new cycle, a portfolio of Bitcoin, and XRP could outperform the S&P 500 by 2030.
-
6
Baird Analyst Doubles AMD Price Target to $1,250 (155% Upside) After Stock's 10% July Drop, Citing Microsoft's Strong Azure Growth
-
7
TRUMP ON ISRAEL, HAMAS DEAL: BIG STEP FOR MIDDLE EAST
-
8
Liquidity Crunch in Cryptocurrency Mining: Causes and Analysis of the Current Situation in 2026
-
9
US Treasury Explores Entering $13 Trillion Repo Market, Potentially Reshaping Funding Dynamics
-
10
NYSE owner Intercontinental Exchange (ICE) to acquire MarketAxess for $6 billion, betting on rise of electronic bond trading
Markets Today
Recommended Reading





