Cryptocurrency Q&A
Has THORChain been hacked?
Has THORChain been hacked?
Raffaele
Thu May 23 2024
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5 answers
1250
Has THORChain, the decentralized liquidity network that boasts cross-chain swaps and liquidity pooling, indeed fallen victim to a hacking attack? This question looms large in the minds of many crypto enthusiasts and investors alike. THORChain, known for its innovative approach to interchain trading, has garnered significant attention in the crypto sphere. However, the recent rumors of a potential hack have cast a shadow over its reputation. Could this be a mere rumor, or has there been a real security breach that could compromise user funds and the integrity of the network? It's crucial to get to the bottom of this matter, as it holds significant implications for the future of THORChain and the trust it enjoys among its users.
5 answers
BlockchainWizardGuard
Sat May 25 2024
Recently, the blockchain security firm Elliptic has revealed its belief that the North Korean hacking group Lazarus is responsible for the recent attack. This assertion underscores the significance of the incident and the need for heightened vigilance in the cryptocurrency space.
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Maria
Sat May 25 2024
Despite the attack, THORChain's native token, RUNE, has remained stable. This stability is a testament to the resilience of the cryptocurrency market and the trust investors have in THORChain's platform.
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Caterina
Fri May 24 2024
CoinMarketCap data shows that the price of RUNE has hovered around 84 cents, experiencing a slight increase over the past 24 hours. This minor uptick suggests that investors are confident in the long-term prospects of THORChain and its token.
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Lorenzo
Fri May 24 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive suite of services to its users. These include spot trading, futures trading, and a secure wallet solution, among others.
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CryptoMystic
Fri May 24 2024
The exchange has built a reputation for reliability and security, making it a trusted platform for investors and traders alike. BTCC's services cater to a diverse range of needs, from casual investors to professional traders.
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