Big news in the world of cryptocurrency! A network called THORChain helped North Korean hackers move a huge amount of money stolen from a company called Bybit. This has caused a lot of problems and debate.
- Hackers stole $1.4 billion.
- They used THORChain to change their stolen money from one type of cryptocurrency to another.
- THORChain made $5 million in fees from these transactions.
- Some THORChain developers quit because of the controversy.
- Governments might take action against THORChain.
Fact | Number |
---|---|
Amount stolen | $1.4 billion |
Fees earned by THORChain | $5 million |
Percentage of stolen funds through THORChain | 72% |
THORChain is a place where people can swap one type of cryptocurrency for another. It's like a digital bank, but no single person is in charge. Some people are worried that this could make it easier for criminals to hide their money. It's a big discussion about how to balance keeping cryptocurrency open and safe.