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THORChain
16 TokenPost stories are tagged THORChain. The newest appear first.
Latest THORChain stories
- THORChain Says Its Emergency Halt Applies Across the Network
Co-founder Chad Barraford said Bitget CEO Gracy Chen asked the protocol to restrict addresses she linked to the exchange’s September hack.
· Technology
- Bitget CEO Challenges THORChain After $387.5 Million Wallet Breach
Gracy Chen wants THORChain to block addresses tied to Bitget’s Sept. 24 breach, while the protocol says its emergency controls cannot freeze individual wallets or swaps.
· Technology
- THORChain Rejects Bitget Plea as $6.3 Million Moves to Bitcoin
Twenty-seven swaps converted about 2,390 Ether into 75.2 Bitcoin after Bitget’s Sept. 24 breach, which the exchange valued at $387.5 million.
· Technology
- Bitget Resumes Bitcoin Withdrawals After $388 Million Hack
Ether withdrawals are scheduled to resume Tuesday, followed by USDt withdrawals Wednesday as the exchange restores services after the Sept. 24 breach.
· Technology
- Bitget Hack-Linked Ether Is Being Swapped for Bitcoin Through THORChain
The stolen assets involved in the movement are valued at $351.6 million, with Ether being exchanged for Bitcoin through the cross-chain protocol.
· Technology
- THORChain Says Network Halt Is Emergency Security Measure
The protocol said the pause was not a selective freeze of specific funds or an individual swap. A May security incident saw $10.7 million stolen from liquidity pools.
· Technology
- Bitget Keeps XRP Withdrawals Frozen as 27.63 Million Tokens Move
The funds moved from two tracked XRP Ledger accounts toward THORChain and Bitcoin, while Bitget has not given XRP a specific reopening time.
· Technology
- THORChain Swap Volume Surges as Bitget Stolen Funds Move Through Network
Daily swap volume topped $500 million and fees exceeded $800,000 during the Sept. 24-26 period.
· Technology
- Analyst Says THORChain Routed Most Bybit Stolen Funds in 10 Days
THORChain collected nearly $10 million in fees during the period, while fees tied to some funds from the recent Bitget theft reached $1 million.
· Technology
- THORChain Rejects Blame for Bitget Theft Fund Transfers
The protocol says its decentralized, permissionless design does not make it responsible for processing known stolen funds. Critics pointed to a prior 39-day service suspension after an attack.
· Technology
- OKX Star Challenges THORChain’s Claim of Decentralization
Star said THORChain’s validator-controlled threshold-signature vaults still function as an intermediary between users and native blockchains.
· Technology
- About 4 BTC Linked to Bitget Incident Appears to Enter Wasabi CoinJoin Round
The funds moved from a Bitget TRON wallet through several networks before about 4 BTC was traced into one CoinJoin round.
· Technology
- Bitget Asks THORChain to Block Hack Funds Despite Protocol Rules
Bitget now estimates the Sept. 24 security incident involved approximately $387.5 million in assets, up from an initial $351.6 million estimate.
· Technology
- Bitget CEO Asks THORChain to Refuse Service to Addresses Linked to $351.6 Million Attack
Bitget said attacker-linked addresses were publicly identified and are being tracked after unauthorized transfers from parts of its hot and warm wallets.
· Technology
- 218,023 USDT Linked to Bitget Incident Traced to Address 0xe07b…7d57
Tether appears to have frozen the funds after Circle blocked roughly 100,000 USDC tied to the same security incident on Sept. 25.
· Technology
- Cosmos Hub Recovers $2.2 Million in ATOM as 169,000 Escape
Validators halted the network for nearly 25 hours to move 1.23 million ATOM into a recovery address, but a later refund reached the attacker-linked wallet.
· Technology