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Binance Reopens TORN Deposits Following Tornado Cash DAO Attack

Binance has reopened TORN deposits via the Ethereum network and Binance's own BNB Smart Chain following the recent attack on Tornado Cash DAO. The exchange suspended deposits on May 21 but has now resumed them after the proposal to restore the state of governance in the TORN DAO was passed and executed. Binance has also decided to move Tornado Cash into the Innovation Zone by May 30, which will closely monitor the project's developments. The recent hack on Tornado Cash DAO saw an attacker take control of the DAO and withdraw and sell 10,000 votes as TORN, maliciously minting over 1 million TORN tokens valued at over $4 million.

Tornado Cash Tornado Cash $2.66
-1.48%
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