Cryptocurrency platform THORChain said more than $10 million was stolen during a security incident on Friday morning.
The cyberattack was first identified by blockchain security firm Peckshield and cryptocurrency investigator Zachary Wolk, who goes by the online alias ZachXBT. Around 6 am EST, both reported that more than 36 Bitcoin, worth about $3 million, and another $7 million in other coins was siphoned from THORChain.
THORChain published its own statement shortly after confirming the incident.
“Trading on THORChain is currently halted after a vault was compromised. Initial indications are user funds are safe and only protocol owned funds are affected,” the company said. “The network automatically detected abnormal…







