CryptoCointelegraphabout 1 hour ago
THORChain halts swaps after block reorg bug
3 min read
THORChain paused swaps on 10 networks including Bitcoin and Ethereum after a Saturday block reorganization exposed a refund bug. This incident inadvertently slowed the movement of funds stolen from Binance, disrupting North Korean hackers attempting to launder $6.3 billion. The protocol remains paused while authorities urge restrictions on illicit crypto transactions.
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