Big news in the world of cryptocurrency! THORChain, a system that lets you swap one type of digital money for another, is facing some problems. A key developer, Pluto, quit, and another important part of the system, a validator called TCB, threatened to leave too.
- Pluto left because a vote to stop bad guys from using THORChain to hide their money was cancelled.
- TCB wants THORChain to stop these bad guys from using it.
- Hackers used THORChain to move a LOT of stolen money ($605 million!).
- THORChain's daily trading went way up because of this, from $80 million to $650 million!
Thing | Number |
---|---|
Stolen Money | $605 million |
THORChain's Daily Trading (before) | $80 million |
THORChain's Daily Trading (after) | $650 million |
The founder of THORChain says they aren't helping the hackers, and the money will likely be changed to regular money at places called CEXes.