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via Cointelegraph · By Cointelegraph Staff
THORChain's $10M Exploit Caused by MPC Vulnerability, Private Key Leak
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Cointelegraph Staff(01:48 PM UTC)
1 min read
THORChain said a malicious node operator exploited a vulnerability in its GG20 threshold signature system to drain about $10.7 million from one of the protocol’s vaults.
The GG20 threshold signature scheme is used to secure THORChain vaults by splitting key control across multiple node operators, meaning no single node normally holds the full private key.
The vulnerability allowed the malicious…
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