THORChain pauses operations after duplicate 10 ETH refund
BROBROK News · Based on reporting by DiarioBitcoin ·
An unexpected Ethereum reorg caused THORChain to process a 10 ETH deposit refund twice and trigger its emergency halt. The pause froze swaps across 12 of its 13 supported chains, while some outgoing transaction signing remained active.
Key points
- Ethereum underwent a block reorganization that affected deposit processing.
- THORChain issued two refunds for the same 10 ETH deposit.
- The emergency halt stopped trading and swaps on 12 of 13 supported chains.
- Outgoing transaction signing remained active on part of the affected network.
- Chainalysis said the pause also slowed movement of stolen Binance funds linked to North Korea-related actors.
Why it matters
The incident shows how a chain reorganization can ripple across cross-chain protocols. It also illustrates how an emergency halt can affect both network operations and monitored illicit fund movements.
Original headline: “THORChain frena operaciones tras un reembolso duplicado de 10 ETH provocado por un reorg de Ethereum”
Read the original on DiarioBitcoin
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.