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via The Block · By The Block Editorial

THORChain pauses trading as security researchers flag suspected $10M multi-chain exploit

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The Block Editorial

(10:21 AM UTC)

1 min read

Verified byEmily Watson

516 views

0 comments

THORChain paused trading after blockchain security researchers ZachXBT and PeckShield flagged a suspected exploit spanning Bitcoin, Ethereum, BNB Smart Chain and Base, with estimated losses of more than $10 million.

ZachXBT and PeckShield both identified two alleged theft addresses on the Bitcoin network and EVM-compatible chains. It’s important to note that they characterized the exploit as…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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The Block Editorial · The Block

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