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THORChain Halts Swaps After Block Reorganization Bug Discovered
(4 hours ago) · 1 source · Summarized by CryptoBipto
THORChain paused its swap functionality after a block reorganization bug was identified in the protocol. The halt reportedly also had the effect of slowing down hackers who had been using the platform to move funds linked to a Binance exploit.
WHY IT MATTERS
THORChain is a tool that lets people swap one cryptocurrency for another across different blockchains — think of it like a currency exchange booth that works between different crypto networks.
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SOURCES
- cointelegraph.com
RELATED
RUNETHORChainDeFi SecurityCross-Chain ProtocolsHackingBlock Reorganization