Imagine a super-fast way to swap money between different types of cryptocurrency. That's what THORChain does! Recently, there was some drama in the THORChain world. A developer quit because of a disagreement about stopping bad guys from using the system.
- Some people wanted to block transactions linked to North Korean hackers who stole a lot of money.
- A vote to block these hackers was reversed, causing a developer and a validator to quit.
- Hackers used THORChain to move hundreds of millions of dollars.
- THORChain saw a record amount of money swapped in one day because of this activity.
Fact | Number |
---|---|
Stolen crypto from Bybit hack | $1.5 billion |
ETH moved through THORChain by hackers | $605 million |
THORChain's biggest daily volume | $860 million |