THORChain
V12 Says THORChain Silently Patched Its Critical Bug, Then Told Researchers the Bounty Is 'Permanently Retired'
A security startup says it disclosed a fund-draining vulnerability to the cross-chain protocol weeks before a $10.7M exploit hit a near-identical flaw. Now it plans to publish exploit code for more.
THORChain Reports $10.7M Loss From Compromised Asgard Vault
THORChain developers announced that one of six Asgard vaults was compromised, resulting in approximately $7.4M in unauthorized outbound transactions before the network halted signing activity.
Should THORChain Have Processed Bybit Hack Funds? Industry is Split
The decentralized cross-chain liquidity protocol faced fierce criticism for not pausing swaps when it became clear that THORChain was the hackers’ go-to laundering chain.
Bybit Hackers Launder Funds Through Thorchain, Shattering Daily Volume Record
A senior developer quits and validator threatens to leave over the protocol’s inaction to stop illicit transactions on the platform.
THORChain Proposes TCY Equity Tokens to Address $200 Million Debt Crisis
THORChain’s native token, RUNE, rebounded after sharp losses following the platform’s new debt plan
RUNE Plummets as THORChain Pauses THORFi Services Amid Financial Restructuring
THORChain halted the Savers and Lending programs in a bid to address a $200M deficit, causing the RUNE token to plunge 30% in 24 hours.
THORChain Processes Record Volume After Introducing ‘Streaming Swaps’
RUNE Is Up 40% This Week With A Lending Platform Expected To Launch Within Days
THORChain Breaks Free of Early Troubles With Avalanche Integration
Cross-chain Liquidity Protocol Forges Partnerships in Slow and Steady Recovery From Exploits
THORChain – Fool Me Twice
Shame on you indeed. Much like the former leader of the free world, one DeFi protocol has had apes in thrall to its narrative of global domination. A force to break down walls between chains and conquer every territory on offer. Thorchain has been the darling of the wokest of woke defi influencers with its…
Upgrade Opens ThorChain to $4.9M Exploit
ThorChain, a popular decentralized exchange that enables native token swaps across different blockchains, was exploited yesterday to the tune of $4.9M. According to the project, the exploit was made possible by a recent upgrade to the protocol’s “Bifrost” router that connects ThorChain to Ethereum. The change allowed the attacker to trick the router using a…
