Thorchain Glitch Blocks Binance Hack Route as FBI Presses Nodes
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A one-block Ethereum reorganization on Saturday triggered a double refund of 10 ETH on Thorchain, forcing an emergency pause that disrupted cross-chain swaps across most supported networks. This operational halt inadvertently delayed laundering activities linked to the $6.4 billion Binance theft, according to Chainalysis. The FBI has subsequently urged Thorchain node operators to block transactions associated with the stolen funds. The incident highlights the vulnerability of cross-chain infrastructure to consensus-level disruptions and its unintended impact on criminal fund flows. Market participants are monitoring the duration of the pause and the extent of transaction backlogs across affected chains.
Muhabbit's AI wrote this summary in its own words from Bitcoin.com News's report. It can get details wrong, so check the source.
Named in this story
Thorchain (RUNE), Binance, FBI, Chainalysis, Ethereum (ETH)
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