- A Goldfinch user has lost $330k in crypto assets to a recent cyber attack.
- The attacker moved 118 ETH after the hack via Tornado Cash.
- This incident underscores the growing threats and hacks inherent in the blockchain space.
The cryptocurrency and blockchain spaces are increasingly becoming vulnerable to security breaches and hacks despite solid security measures and regulations. As a stark reminder of the risks inherent in DeFi ecosystems, a Goldfinch user has fallen victim to a crypto hack, as noted by PeckShieldAlert.
Notably, the victim suffered a massive loss of more than $300k, with the attacker laundering 118 ETH through Tornado Cash. This incident highlights the vulnerabilities in smart contract approvals as well as the need for precautions and renewed safety measures.
Goldfinch User Falls Victim to a $330k Crypto Hack
Earlier today, crypto sleuth PeckShieldAlert shared an X post, highlighting a shocking crypto hack that resulted in the loss of about $330k in ETH. As reported on December 2, 2025, the Goldfinch user, identified as “deltatiger.eth,” was exploited, and the attacker quickly transferred 118 ETH of the stolen funds to Tornado Cash, a cryptocurrency mixer designed to obscure transaction trails. The post read,
“Goldfinch’s user,deltatiger.eth has been attacked, resulting in a ~$330K loss. The hacker has deposited 118 ETH of the stolen funds into TornadoCash.”
Significantly, this incident underscores the ongoing risks associated with smart contract approvals and emphasizes the importance of promptly revoking permissions to protect assets.
Analysing the Market Impact
It’s worth noting that the Goldfinch hack is expected to have far-reaching implications for the crypto market. Particularly, the attack could impact the ETH token as well as Goldfinch’s native token, GFI.
Historically, similar crypto hacks and scams have led to short-term sell-offs and cryptocurrency price corrections. Due to increased liquidations, affected tokens have suffered significant losses ranging from 2% to 5% within hours.
Following the Goldfinch hack, the community anticipates a possible decline in the Ethereum and GFI prices. As of press time, ETH is valued at $2,823, down by a marginal 0.6%. Over the past week and month, the token has dipped by 2.5% and a massive 26%, respectively.
At the same time, the GFI token is trading at $0.2486, up 0.68%. On a weekly and monthly basis, the token has seen notable downticks of 6.3% and 28.2%, respectively. Driven by the Goldfinch hack, these two cryptocurrencies are likely to have a bearish trend, with their prices potentially hitting severe lows.
Blockchain Hacks on the Rise in 2025
Interestingly, the Goldfinch hack is a notable example of the growing hacks and scams in the crypto and blockchain spaces. Despite this year’s progress in crypto regulation, stablecoin expansion, and increased institutional adoption, 2025 also witnessed a surge in high-profile crypto scams and hacks. This highlights the persistent vulnerabilities in the DeFi and blockchain ecosystems. A market commentator noted, “2025 perhaps would go down as a year where you would be looking at vulnerabilities in blockchain protocols, smart contracts and DeFi platforms.”
Several significant crypto hack incidents occurred recently. For instance, one of the notable incidents is the Abracadabra protocol hack, which lost $1.8 million in a flash loan exploit. Hyper Vault, a yield farming protocol, suffered a $3.6 million rug pull. The Shibarium Bridge was hacked for $2.4 million, affecting SHIB and Ethereum.
A massive Bitcoin phishing scam resulted in the theft of 783 BTC, worth around $91 million. BTC Turk Exchange in Turkey lost $48-$50 million due to a hot wallet exploit, with only about 30% recovered. Other notable incidents include GMX V1’s $42 million smart contract exploit, Resupply’s $9.5 million loss, and $90 million theft from Nobitex, Iran’s largest crypto exchange.
