thorswap

ChainCatcher news, according to The Block, on-chain detective ZachXBT revealed that THORSwap has repeatedly issued bounty invitations to hackers who attacked a user's personal wallet in the past few days, with the victim possibly being THORChain founder John-Paul Thorbjornsen.Latest on-chain information on Friday indicated that returning THOR tokens would yield rewards, and no legal action would be taken if returned within 72 hours, along with provided contact information. PeckShield initially stated that the THORChain protocol was attacked, resulting in a loss of approximately $1.2 million, but later corrected it to indicate that a user's personal wallet was attacked. ZachXBT claimed that the wallet attacked was likely John-Paul Thorbjornsen's, from which $1.35 million was stolen by North Korean hackers on Tuesday.Thorbjornsen admitted that the attack originated from a fake Zoom link sent from a friend's hacked Telegram account. He stated that the emptied old MetaMask wallet was in another logged-out Chrome profile, with the keys stored in the iCloud Keychain, and that the attacker may have accessed it through a zero-day vulnerability, which reinforced his belief that threshold signature wallets are the only true means of protection.

ChainCatcher news, the cross-chain DEX aggregator THORSwap based on THORChain has announced the integration of the cross-chain liquidity platform Chainflip.It is reported that through this integration, THORSwap users can access native Bitcoin, Ethereum, USDC (ERC20), FLIP (ERC20), and Polkadot (DOT) through new liquidity channels.

ChainCatcher news, based on THORChain, the cross-chain DEX aggregator THORSwap announced that the platform has been relaunched and trading has resumed, adding some additional protective measures to prevent illegal funds from flowing in and ensure compliance. In addition, THORSwap has updated its terms of service to block users from countries under U.S. sanctions. Previously, THORSwap suspended trading last Friday due to allegations of illegal funds flowing through the trading platform related to the FTX breach in November 2022.As of now, the native token RUNE of THORChain and the governance token THOR of THORSwap have both seen an increase of nearly 10% in the past 24 hours.

ChainCatcher news, the decentralized cross-chain trading protocol THORSwap tweeted that THORSwap contributors have completed the code for a long-term solution and are integrating the final components to restart THORSwap, which will be back online shortly.Previously, THORSwap temporarily switched to maintenance mode to prevent illegal fund flows and to curb any further potential illegal activities.

ChainCatcher message, based on THORChain, the cross-chain DEX aggregator THORSwap announced on its social platform that, in light of illegal funds being used on THORChain and THORSwap, after careful assessment of the situation and consultation with advisors, legal counsel, and law enforcement, the team has decided to temporarily shift the protocol into maintenance mode.This action is taken to swiftly curb any further potential illegal activities. THORSwap will remain in this mode until a more permanent and robust solution can be implemented to ensure the ongoing security and integrity of the platform.

Chain Catcher news, the decentralized cross-chain trading protocol THORSwap shared its plans to support Avalanche in a Twitter Space held early this morning Beijing time. It will first support the AVAX token, followed by support for USDC and USDT based on Avalanche.After completing support for native tokens and stablecoins, THORSwap plans to integrate Avalanche ecosystem DEXs, allowing users to trade wrapped ERC-20 tokens. (Source link)