Friday, October 18, 2024
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Possible ‘white hat hacker’ exploits THORchain for $8M, proposes 10% bounty

Cross-chain decentralized exchange THORChain has suffered its second multi-million-dollar hack in as many weeks, with $8 million worth of Ether impacted.However, the attack appears to have been carried out by a white-hat hacker, with THORChain announcing the perpetrator had requested a 10% bounty. ETH will be halted until the code

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THORChain (RUNE) rallies 35% as the entire DeFi sector turns bullish

In the past week, a large number of altcoins have broken from their sideways ranges to post double-digit gains and it appears that investors are interpreting the current trend as a new ‘altcoin season’. As historical data shows, these altcoin breakouts typically occur after Bitcoin (BTC) enters a consolidation phase after

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