Tag: THORChain

The hacker responsible for the $1.4 billion Bybit exploit has successfully laundered over 50% of the stolen Ethereum, primarily converting it into Bitcoin through THORChain, according to blockchain analytics firm Spot On Chain. The firm reported that the attacker had moved approximately 266,309 ETH—worth $614 million—over five days, maintaining a ...

The cross-chain liquidity protocol THORChain has suspended all trading activities on its network after new claims about a potential vulnerability in the network surfaced. In a tweet on March 28, THORChain clarified that the measure was taken as a precautionary step while the reports are investigated for verification. There are ...