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THORChain loses up to $ 7.6 million in ‘Chaosnet’ exploit, offers hackers a reward for returning funds by Cointelegraph

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THORChain loses up to $ 7.6 million in ‘Chaosnet’ exploit, offers hackers a reward for returning funds by Cointelegraph
THORChain loses up to $ 7.6 million in ‘Chaosnet’ exploit, offers hackers a reward for returning funds

The popular decentralized cross-chain exchange THORChain has suffered a multi-million dollar breach.

Estimates of the scale of damage vary, and THORChain revised the initial estimate that 13,000 Ether (ETH) (worth $ 25.1 million) had been stolen, bringing the total down to 4,000 ETH (approximately $ 7.6 million) as a ballpark for damage. A later community-provided summary of stolen assets suggests the figure is closer to $ 6 million.