Thorchain Hacked For Over 4000 Ethereum.
2021-07-16 | Big Bob

Thorchain suffers an attack that drained over 4k Ethereum [
ETH] from the blockchain cryptocurrency trading protocol,
consistent with an official Thursday posting on the Runebase website.
The firm
tweeted that
it might provide a “more detailed assessment and recovery steps” soon.

Network administrators wrote earlier
within the day
in a Telegram posting that the loss was over
3x times that amount but updated the figure. They also wrote that the Thorchain network had been halted while developers investigated the extent of the breach.
“While the treasury has the funds
to hide the stolen amount, we request the attacker get
in touch with the team
to debate return of funds and a bounty commensurate with
the discovery,” the administrators added on Telegram.
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