ThorChain loses $7.6M in ‘Chaosnet’ exploit, offers hacker a bounty to return...
The ThorChain network remains halted after the protocol suffered a hack in which the perpetrator is estimated to have made off with $7.6 million in crypto assets. Popular cross-chain decentralized exchange, ThorChain, has suffered a multimillion-dollar breach.Estimates as to the scale of the damage vary, with ThorChain revising the initial estimate that 13,000 ETH (worth $25.1 million) had been stolen down to 4,000 ETH (roughly $7.6 million) as a ballpark for damages. At this stage the estimate is around ~4000 ETH worth of assets (ETH/ERC20) was taken, not 13k ETH. More detailed assessment....
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