🚨 THORChain triggered a major recovery process after a $10.8M exploit linked to a GG20 TSS security vulnerability.
"THORChain is a decentralized crypto network that lets users swap assets like Bitcoin and Ethereum directly across different blockchains without a central exchange."
THORChain faced a $10.8M hack after attackers exploited a security weakness and made unauthorized withdrawals across multiple blockchains.
🛡️ THORChain launched a $10M recovery portal, and affected users must submit claims before June 4.
⚠️ The team also warned users to avoid fake refund and airdrop scams spreading on social media.
📌 Market Insight: Fast recovery actions and transparency can help rebuild investor confidence after security incidents.
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