Latest News and Articles about THORChain
THORChain Flagged as Key Laundering Route for Major Crypto Hacks
THORChain is being flagged as a key route for hackers to move stolen funds THORChain is under fresh scrutiny after on-chain analysts said the cross-chain swap protocol has become a favorite rail for moving stolen crypto from major hacks, including FTX, Bybit, Balancer, and KelpDAO. The protocol keeps leaning on the same defense: it’s neutral, […]
Read MoreThief Swaps $42.5M Stolen Bitcoin to Ethereum, Trolls ZachXBT in Coinbase Exploit
Thief Behind Massive Coinbase Exploit Swaps Stolen Crypto and Trolls On-Chain Sleuth ZachXBT In a digital heist straight out of a cyberpunk novel, a thief behind a massive Coinbase exploit not only swapped millions in stolen Bitcoin but also taunted a renowned blockchain sleuth on-chain, showcasing the audacity and sophistication of modern cybercriminals. Thief swaps […]
Read MoreLazarus Group Profits $2.51M from WBTC Sale, Launders $1.39B from Bybit Hack
Lazarus Group Nets $2.51M from WBTC Sale Amidst Sophisticated Crypto Laundering Operations The Lazarus Group, a notorious North Korean hacking entity, has once again made headlines by turning a hefty profit of $2.51 million from selling 40.78 Wrapped Bitcoin (WBTC). Wrapped Bitcoin, or WBTC, is a tokenized version of Bitcoin that operates on the Ethereum […]
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