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THORChain loses up to $7.6M in ‘Chaosnet’ exploit, offers hacker a bounty to return funds By Cointelegraph

THORChain loses up to $7.6M in ‘Chaosnet’ exploit, offers hacker a bounty to return funds

Popular cross-chain decentralized exchange THORChain has suffered a multi-million-dollar breach.

Estimates as to the scale of the damage vary, with THORChain revising the initial estimate that 13,000 Ether (ETH) (worth $25.1 million) had been stolen, bringing the total down to 4,000 ETH (roughly $7.6 million) as a ballpark for damages. A subsequent community-provided rundown of stolen assets suggests the figure is closer to $6 million.