Cryptocurrencies 14,993Exchanges 96Market cap $2.56T▼ 1.86%24h volume $295.22BDominance BTC 59.9% ETH 10.8%Kite Pulse 45 NeutralUpdated 5 minutes ago
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A THORChain Bug Has Slowed North Korean Hackers Laundering Stolen Binance Funds

Headline from Unchained

Image: Unchained

Key points

  • A recently discovered bug on THORChain has interrupted laundering efforts by North Korean hackers who targeted Binance funds.
  • The flaw was revealed following a single-block Ethereum chain reorganization.
  • Developers identified that future reorgs could allow attackers to extract funds from vaults, prompting THORChain to halt operations across most of its supported networks for safety.

Summarized automatically by Kryptokite from reporting by Unchained. Read the original sources for full detail.

Coins mentioned

Sources

  • UnchainedA THORChain Bug Has Slowed North Korean Hackers Laundering Stolen Binance Funds · 4 hours agoRead on Unchained

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