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A rogue node operator drained $10.7M from THORChain on May 15 via a GG20 vulnerability. Here is the full timeline, the security response, and what comes next. Someone joined THORChain’s developer Discord on May 1 under the handle Dinosauruss. The account was fresh. The questions were specific — how to get a node churned into […] The post A New Node Waited Two Weeks. Then It Took $10.7M From THORChain appeared first on Live Bitcoin News.
Read full articleTHORChain's recovery plan without token dilution could set a new standard in DeFi, emphasizing security and investor confidence over inflationary fixes. The post THORChain proposes recovery plan after May 15 exploit, no new RUNE minted appeared first on Crypto Briefing.
THORChain has faced criticism from crypto security researchers and investors after proposing to continue using its patched GG20 signing framework following a $10.7 million exploit tied to the system. According to a post-mortem report released by THORChain on Wednesday, a…
The $10.7 million THORChain exploit was caused by a GG20 vulnerability, which allowed a malicious node to reconstruct a full private key to one of its vaults.
A whale dumps $36M in HYPE to protect a $103M short position as Hyperliquid hits new ATH above $60. Here’s what on-chain data shows. A major Hyperliquid trader is making bold moves on-chain. On-chain analytics platform Lookonchain flagged the wallet loracle.hl depositing 616,675 HYPE tokens worth roughly $36.76 million into Hyperliquid. The wallet then sold […] The post HYPE Hits New ATH Above $60 as Major Hyperliquid Whale Bleeds on $103M Short appeared first on Live Bitcoin News.
THORChain opened ADR028 voting after a $10.7M exploit, proposing POL losses, synth sharing, no new RUNE, and a hacker bounty plan.
Cardano ADA holds $0.246 support as bulls target a rebound to $0.255, with $0.262 next after a TD Sequential buy signal. Cardano ADA is trading near a key support area as bulls look for a short-term rebound. The daily chart shows ADA near $0.246, while traders watch whether buyers can defend that level into the […] The post Cardano ADA Bulls Target $0.255 Rebound If $0.246 Support Holds Firm appeared first on Live Bitcoin News.
The S-1 filing's impact on market sentiment may accelerate tech IPO timelines, influencing investor strategies and market dynamics. The post Discord S-1 filing boosts IPO prospects before 2027 appeared first on Crypto Briefing.
Cardano ADA approaches the 88.7% Fibonacci retracement at $0.244. One more support zone could generate a bounce, but the $0.16 and $0.10 targets remain on the table. The $0.25 region has been doing a lot of work. Not convincingly. Just enough to keep the situation from resolving one way or the other. Cardano’s ADA is […] The post The Chart Nobody Wants to See: ADA Tests 88.7% Fib With $0.10 in the Distance appeared first on Live Bitcoin News.
