• Thorchain, a blockchain protocol, has been hacked and has lost 4000 Ethereum

  • Thorchain suffered an attack that took around 4,000 ethereum from the blockchain crypto trade protocol.

    The company promised to provide “more complete assessment and recovery measures” soon in a tweet.

    Earlier in the day, network administrators stated in a Telegram message that the loss was more than three times that amount, but later corrected the statistic. The network had also been blocked as developers evaluated the scope of the hack, they stated.

    “While the treasury has the cash to cover the stolen amount,” the administrators stated on Telegram, “we suggest the attacker contact the team to discuss the return of monies and a bounty commensurate with the discovery.”

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