July has been a volatile month for the multi-chain DeFi project Thorchain.
In the past two weeks, the project has fallen to two major hacks, which saw its native token, RUNE, fall from a local high of $7.61 down to below $4.
During the second exploit, the attacker also left a note that they could’ve easily made off with much more. Instead, they “wanted to teach [a] lesson” to the Thorchain developers.
The team scrambled to gather additional reviews from their audit partners, specifically Trail of Bits and Halborn Security, launch a $500,000 bug bounty program with ImmuneFi, and even make plans to establish insurance measures for any future breaches.
Thorchain Tapping Treasury to Repay $5M in Ethereum After Attack
They also reported that they hosted “over 20 white hat security specialists for a Thorchain code walkthrough,” indicating that “there are more shadowy super coders working on security than core [developers] building.”
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Źródło: https://decrypt.co/77113/thorchain-mounts-recovery-last-week-million-dollar-hack
