TORN Price gets Lift After Tornado Cash Attacker Proposes to Reverse Governance Attack

TORN Price gets Lift After Tornado Cash Attacker Proposes to Reverse Governance Attack



The price of TORN, the governance token of the crypto mixer Tornado Cash, experienced a significant rebound, following indications that the hackers responsible for a recent attack on the protocol may be willing to reverse the attack. A user named Tornadosaurus-Hex posted a message on Tornado Cash's governance forum stating that the attacker had presented a proposal to restore the state of governance. The user shared a link to the original on-chain proposal made by the alleged attacker and expressed optimism regarding its execution. This news led to a price increase in TORN, rising from a low of $3.49 on Sunday to $4.72 at the time of writing on Monday.



Despite this strong recovery from the low point, the price of TORN remains down by approximately 36% from its pre-attack high of $7.40 on May 20. The attack on Tornado Cash occurred


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#Altcoin, #Attack, #Bitcoin, #Blockchain, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Torn, #TornadoCash

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