ThorChain, a decentralized finance (DeFi) token swap protocol based on the Cosmos blockchain, lost roughly $4.8 million worth of Ethereum (ETH) from its liquidity pools to a hacker attack today.
“During a live attack, the network has been halted. Approximately 4,000 ETH of value was extracted from the protocol. While the treasury has the funds to cover the stolen amount, we request the attacker get in contact with the team to discuss the return of funds and a bounty commensurate with the discovery,” ThorChain developers stated in the protocol’s Telegram channel.
Assessing the losses
However, the actual loss was later revealed to be a bit smaller, totaling around 2,500 ETH (worth roughly $4.8 at current prices)—and a far cry from the initially reported 13,000 ETH (about $25 million).
“Original loss was estimated at 13,000 ETH but is now estimated to be 2,500 ETH. The discrepancy may be due to additional loss from arbitrageurs taking advantage of the price manipulation,” the
Źródło: https://cryptoslate.com/defi-darling-thorchain-rune-suffers-multi-million-dollar-exploit/
