tss

THORChain released an update on the hacking incident on platform X. Preliminary evidence suggests that a node that recently joined the network may have been controlled by a malicious operator, who exploited the GG20 TSS vulnerability to obtain key information from vault participants, ultimately reconstructing the vault private key and executing unauthorized withdrawal transactions. Currently, multiple THORChain nodes have been shut down, resulting in the network being in a paused state. RUNE transfers are expected to resume in about 12 hours, but the specific situation will depend on node decisions. Functions such as trading, liquidity provider operations, and signing are still unavailable, and a full restoration of network functionality is expected to take several days. Recovery plans are under discussion and may include reducing the staking of affected nodes, as well as other remedial measures proposed by the community.

ChainCatcher news, according to Coindesk, Bitcoin miner Ionic Digital has hired John Penver, who previously worked at data center service provider TSS, as Chief Financial Officer to oversee its upcoming initial public offering.It is reported that Penver served as Chief Financial Officer of data center service provider TSS (TSSI) and has over 18 years of experience in data center technology and infrastructure.

ChainCatcher news, according to monitoring by the Web3 knowledge graph protocol 0xScope, Binance has just updated the user ETH deposit address to a new TSS address. Users are reminded not to use the old deposit address, otherwise assets may be lost.In addition, according to the page they shared, Binance wrote in the deposit notice section that users should not define the Binance deposit address as the receiving address for validator rewards, and validator rewards sent from nodes to the Binance deposit address are not supported. (Source link)