PANews, May 15: Chain security firm PeckShield detected a security breach on THORChain, resulting in total losses of approximately $10 million, including 36.75 BTC (around $3 million) and approximately $7 million in assets from the BNB Chain, Ethereum, and Base networks. PeckShield stated that the stolen funds are currently primarily held at the following addresses: * BTC: bc1ql4u94klk265lnfur2ujk9p6uh52f2a8jhf6f37 * EVM: 0xd477b69551f49C0519F9B18c55030676138890Bd
PeckShield Reports $10 Million Loss in THORChain Security Attack
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Summary
PeckShield reported a $10 million loss in the THORChain security breach, with 36.75 BTC (approximately $3 million) stolen. An additional $7 million in funds were taken from BNB Chain, Ethereum, and Base. The BTC price remains under pressure as the attack underscores risks inherent in cross-chain systems. The stolen BTC is stored at bc1ql4u94klk265lnfur2ujk9p6uh52f2a8jhf6f37, while the EVM funds are held at 0xd477b69551f49C0519F9B18c55030676138890Bd. BTC dominance is facing renewed scrutiny following the incident.
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