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THORChain pauses operations after Ethereum reorg triggers double refund
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5 Articles
THORChain freezes swaps on 12 out of 13 chains after doubling the 10 ETH refund by an Ethereum reorg and slows down stolen Binance funds. The THORChain ticket freezes swaps on 12 out of 13 chains after doubling a 10 ETH refund by an Ethereum reorg appears first on Merca2.
An unexpected reorganisation of Ethereum led THORChain to issue twice the reimbursement of a 10 ETH deposit and activate its emergency brake. The detention froze exchanges in 12 of the 13 compatible chains and, according to Chainalysis, also slowed movements of stolen Binance funds linked to actors associated with North Korea.
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