Attack on Tron's Just Network - Coinleaks
Current Date:November 7, 2024

Attack on Tron’s Just Network

A 4600 BNB attack has reportedly occurred on Tron’s Just network.

According to the data obtained, Tornado Cash was used to transfer $1.25 million worth of BNB in ​​the attack carried out by a hacker.

Attack on Just Network

An automated detection system by PeckShield, a cybersecurity provider, had revealed that the Tron-based JST token looked solid. In this latest attack, PeckShield reports that an attacker moved $1.25 million worth of Tornado Cash to the mixer, and 2,555 BNB, worth approximately $693,000, is still in the hacker’s wallet.

JUST is a decentralized finance ecosystem built on the Tron Blockchain. The platform’s services mostly focus on a decentralized stablecoin lending platform known as JustStable. Launched in August 2020, following an initial exchange offer (IEO) on the Poloniex LaunchBase platform in early 2020, the JUST ecosystem has two tokens, USDJ and JUST (JST).

According to DefiLlama data, Tron Blockchain is the second largest network after Ethereum in terms of total locked asset (TVL) value in decentralized finance protocols. At the time of writing, Tron’s TVL on DeFi stands at 5.51 billion, above Binance Smart Chain (BSC) and Avalanche (AVAX) TVL.

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