THORChain

Exploit

Estimated loss

$13.00M

VERDICT —UNRATED

Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.

▰ METHOD

Undisclosed

Root cause

Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.

Forensic narrative

Thorchain has been exploited for the third time in a month, bringing total losses to around $13 million. The platform, which looks after $100 million in funds, is designed for exchanging crypto tokens across different blockchains. Reported loss: $13,000,000.

Primary source

https://www.theblockcrypto.com/post/112308/thorchain-suffers-8-million-loss-by-hacker-wanting-to-teach-lesson ↗

Sourced from

chainsec

Technical record