Decentralized finance (DeFi) protocol Sturdy Finance lost $800,000 in Ether. This is reported by the analytical platform PeckShield.

Attackers were able to withdraw 442 ethers on price manipulations, analysts say. PeckShield experts clarified: hackers were able to transfer money to the Tornado Cash cryptomixer.

Representatives of the DeFi protocol itself claim that they are aware of the incident, and in response, they suspend all trading activity on the site. The company assured users that the rest of the funds are not at risk. Sturdy Finance did not provide further details on exactly how the hack occurred or how the hackers were able to manipulate prices on the platform.

Recently, PeckShield analysts reported that in May, hackers stole $16 million worth of cryptocurrency, while unscrupulous developers stole at least $55 million from their users. For comparison, more than $103 million was stolen from cryptocurrency projects in April. And in March, according to PeckShield, $211.5 million in crypto assets and $10.9 million in NFTs.

Last year, the US Treasury blacklisted Tornado Cash, saying the platform was being used for money laundering and terrorist financing. Tornado Cash protocol developer Alexey Pertsev was arrested in the Netherlands. In April, it became known that Pertsev would be placed under house arrest pending completion of the investigation.