Thorchain’s RUNE Token Slides 15% Following Multi-Million Dollar Exploit

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The price of RUNE, the native token of decentralized finance (DeFi) liquidity protocol Thorchain, dropped by about 15% today following yesterday’s attack which saw hackers drain 2,500 Ethereum (ETH) tokens (around $4.8 million at current prices) from the platform’s liquidity pools.
At the time of writing, RUNE was trading at around $4.82, down 15.1% over the past 24 hours, according to crypto metrics platform CoinGecko.

Yesterday, Thorchain had to pause the network after it was attacked by a hacker (or a group of them), resulting in the loss of millions of dollars worth of crypto assets.
Initially, Thorchain developers stated that a total of 13,000 ETH ($25.1 million) had been stolen. Shortly after, however, they scaled their estimates first down to 4,000 ETH ($7.6 million), and then to 2,500 ETH ($4.8 million) in the latest update.
“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 ta

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Źródło: https://decrypt.co/76117/thorchains-rune-token-slides-following-multi-million-exploit

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