THORChain Mistakenly Refunds 10 ETH, Disrupting Binance Hackers’ Transfers
A one-block reorganisation on the Ethereum network caused a deposit to disappear from transaction history after THORChain had already processed it, resulting in an erroneous additional payout. The protocol's automated safeguards detected the balance discrepancy and triggered an emergency halt to swaps across 10 blockchain networks. The disruption incidentally delayed transfers associated with the recent Binance security breach.
Key points
- One-block Ethereum reorg caused duplicate 10 ETH payout
- Emergency suspension of cross-chain swaps across 10 networks
- Delayed transfers linked to Binance hack disruption
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