CoinStats Transfers Nearly $1 Million in Ethereum to Tornado Cash Amid Security Concerns

CoinStats has recently made headlines by transferring nearly $1 million worth of Ethereum to Tornado Cash, a well-known cryptocurrency mixing service. Blockchain security firm CertiK has identified that the funds were moved from wallets associated with a previous security breach that affected CoinStats in June. The transfer involves 311 Ethereum, valued at approximately $959,000, adding

Source: CoinOtag