Thorchain, a popular cross-chain DEX platfrom faced another exploit yesterday losing approximately $7.6 million worth of crypto assets. The hackers managed to exploit the ‘Chaosnet’ to receive big bounty, but paid huge slippage fee to noes and LP. The platfrom revealed only ETH LPs were affected by the attack and they will pay them back using the reseve funds.
Thorchain Cites Satoshi Nakamoto to Defend Recent Attacks on its Network
coingape.com
17 July 2021 11:59, UTC