A THORChain Bug Has Slowed North Korean Hackers Laundering Stolen Binance Funds

The emergency stop on THORChain that, per Chainalysis, held up North Korean hackers trying to move money stolen from Binance was set off by a refund bug, according to THORChain’s own account , and the protocol warned that the flaw behind it is now a risk to its vaults. As of Monday afternoon, THORChain’s node data showed swaps still halted on 10 networks : ATOM, BCH, BSC, BTC, DOGE, ETH, LTC, SOL, TRON and ZEC. None had been switched back on. AVAX, Base and XRP were trading. Pausing on a bug is how the network was meant to react. THORChain co-founder Chad Barraford said on Unchained on Oct.

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