THORChain refuses to block Bitget funds, despite pausing after own hack
Once again, THORChain is refusing to block suspected North Korean hackers from laundering hundreds of millions of dollars of stolen crypto.
Once again, THORChain is refusing to block suspected North Korean hackers from laundering hundreds of millions of dollars of stolen crypto.
Crypto sleuth ZachXBT first spotted the “likely” $10M THORChain exploit and crypto security analysts later confirmed the incident.
Lazarus launders loot like lightning, while the bridges it uses, including LayerZero, respond in very different ways.
Decentralized, cross-chain “liquidity protocol” THORChain paused its lending and saving services after concerns about solvency.