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Ethereum consensus layer project hit hard: Tracking of 8,500+ ETH theft case
【CryptoWorld】Ethereum ecosystem’s key infrastructure project Truebit Protocol faces controversy. According to on-chain analysis team Lookonchain’s monitoring, the project’s smart contract encountered a vulnerability in the nine-figure range, and attackers have successfully stolen approximately 8,535 ETH, equivalent to over 26.4 million USD in RMB. After the news broke, the ecosystem token TRU plummeted, and market reactions were intense.
Truebit was established in 2017, mainly providing verification services and off-chain computation solutions for Ethereum smart contracts. Currently, security teams are fully tracking the flow of the stolen funds. Preliminary intelligence indicates that some of the funds have already flowed to privacy mixer Tornado Cash, adding difficulty to the tracking efforts. This incident once again sounds the alarm— even well-established infrastructure projects cannot completely avoid smart contract risks.