TLDR The GANA Payment project was exploited for over $3.1 million earlier this week. The stolen funds were transferred across BNB Smart Chain and Ethereum networks. The attacker consolidated the funds at a BSC address before swapping them into BNB. More than $1 million worth of BNB was deposited into Tornado Cash on BSC. The [...] The post GANA Payment Exploit Leads to $3.1M Loss Across BSC and Ethereum appeared first on CoinCentral.TLDR The GANA Payment project was exploited for over $3.1 million earlier this week. The stolen funds were transferred across BNB Smart Chain and Ethereum networks. The attacker consolidated the funds at a BSC address before swapping them into BNB. More than $1 million worth of BNB was deposited into Tornado Cash on BSC. The [...] The post GANA Payment Exploit Leads to $3.1M Loss Across BSC and Ethereum appeared first on CoinCentral.

GANA Payment Exploit Leads to $3.1M Loss Across BSC and Ethereum

TLDR

  • The GANA Payment project was exploited for over $3.1 million earlier this week.
  • The stolen funds were transferred across BNB Smart Chain and Ethereum networks.
  • The attacker consolidated the funds at a BSC address before swapping them into BNB.
  • More than $1 million worth of BNB was deposited into Tornado Cash on BSC.
  • The remaining assets were bridged to Ethereum, where additional funds were laundered.

On Wednesday, the GANA Payment project was exploited for over $3.1 million. The attacker transferred the stolen funds across both BNB Smart Chain (BSC) and Ethereum. On-chain investigator ZachXBT revealed the details of the hack.

Stolen Funds Consolidated on BNB Smart Chain

The attacker first consolidated the stolen funds at BSC address “0x2e8…e5c38.” Here, the funds were swapped into BNB. Subsequently, 1,140 BNB, approximately $1.04 million, was deposited into Tornado Cash on BSC. This move was an attempt to break the funds’ traceability.

Following this, the remaining assets were bridged to Ethereum. The exploiter then deposited 346.8 ETH, valued at about $1.05 million, into Tornado Cash. According to ZachXBT, a further 346 ETH, worth $1.046 million, remains dormant at the Ethereum address “0x7a5…b3cca.”

GANA Payment Token Suffers Major Drop

GANA Payment, a small token project on BSC, operates using the BEP-20 GANA token. The project primarily relies on decentralized exchanges and on-chain liquidity pools. After the exploit, GANA’s token lost more than 90% of its value, according to data from GeckoTerminal.

The project, which has limited technical documentation, does not appear to have conducted formal audits. As a result, the vulnerability that allowed the hack remains unknown. ZachXBT’s investigation has not revealed any additional details about the breach.

Rising Trend of BSC Exploits in 2025

The GANA Payment incident is part of a larger trend of hacks targeting smaller BSC-based projects. DefiLlama’s hacks tracker shows that over $100 million has been lost from such projects this year alone. Similar attacks have involved vulnerabilities, liquidity pool drains, and key compromises.

The exploitation of GANA Payment adds to the growing list of smaller, high-risk projects on BSC facing severe breaches.

The post GANA Payment Exploit Leads to $3.1M Loss Across BSC and Ethereum appeared first on CoinCentral.

Market Opportunity
Binance Super Cycle Logo
Binance Super Cycle Price(BSC)
$0.0002059
$0.0002059$0.0002059
-9.73%
USD
Binance Super Cycle (BSC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

U.S. Moves Grip on Crypto Regulation Intensifies

U.S. Moves Grip on Crypto Regulation Intensifies

The post U.S. Moves Grip on Crypto Regulation Intensifies appeared on BitcoinEthereumNews.com. The United States is contending with the intricacies of cryptocurrency regulation as newly enacted legislation stirs debate over centralized versus decentralized finance. The recent passage of the GENIUS Act under Bo Hines’ leadership is perceived to skew favor towards centralized entities, potentially disadvantaging decentralized innovations. Continue Reading:U.S. Moves Grip on Crypto Regulation Intensifies Source: https://en.bitcoinhaber.net/u-s-moves-grip-on-crypto-regulation-intensifies
Share
BitcoinEthereumNews2025/09/18 01:09
Fed forecasts only one rate cut in 2026, a more conservative outlook than expected

Fed forecasts only one rate cut in 2026, a more conservative outlook than expected

The post Fed forecasts only one rate cut in 2026, a more conservative outlook than expected appeared on BitcoinEthereumNews.com. Federal Reserve Chairman Jerome Powell talks to reporters following the regular Federal Open Market Committee meetings at the Fed on July 30, 2025 in Washington, DC. Chip Somodevilla | Getty Images The Federal Reserve is projecting only one rate cut in 2026, fewer than expected, according to its median projection. The central bank’s so-called dot plot, which shows 19 individual members’ expectations anonymously, indicated a median estimate of 3.4% for the federal funds rate at the end of 2026. That compares to a median estimate of 3.6% for the end of this year following two expected cuts on top of Wednesday’s reduction. A single quarter-point reduction next year is significantly more conservative than current market pricing. Traders are currently pricing in at two to three more rate cuts next year, according to the CME Group’s FedWatch tool, updated shortly after the decision. The gauge uses prices on 30-day fed funds futures contracts to determine market-implied odds for rate moves. Here are the Fed’s latest targets from 19 FOMC members, both voters and nonvoters: Zoom In IconArrows pointing outwards The forecasts, however, showed a large difference of opinion with two voting members seeing as many as four cuts. Three officials penciled in three rate reductions next year. “Next year’s dot plot is a mosaic of different perspectives and is an accurate reflection of a confusing economic outlook, muddied by labor supply shifts, data measurement concerns, and government policy upheaval and uncertainty,” said Seema Shah, chief global strategist at Principal Asset Management. The central bank has two policy meetings left for the year, one in October and one in December. Economic projections from the Fed saw slightly faster economic growth in 2026 than was projected in June, while the outlook for inflation was updated modestly higher for next year. There’s a lot of uncertainty…
Share
BitcoinEthereumNews2025/09/18 02:59
Unpacking The Lingering Market Anxiety

Unpacking The Lingering Market Anxiety

The post Unpacking The Lingering Market Anxiety appeared on BitcoinEthereumNews.com. Crypto Fear & Greed Index Plummets To 27: Unpacking The Lingering Market Anxiety
Share
BitcoinEthereumNews2026/01/12 08:32