Ignas | DeFi

Bounce has surpassed Phantom in 24h revenue on Hyperliquid.

Important Announcement Trading on THORChain is currently halted after a vault was compromised. Initial indications are user funds are safe and only protocol owned funds are affected. The network automatically detected abnormal behavior and halted signing activity, which alerted the broader community and prevented further outbound transactions. The investigation is still ongoing to determine the root cause. Contributors are actively working on the issue and we will report updates as we progress toward a solution. What we currently know: * One of the six Asgard vaults appears to have been compromised. * Current estimates place the loss at approximately $10.7m USD * The network automatically detected the abnormal behavior and halted signing activity, preventing further outbound activity. * Nodes securing the vault were subject to their bonded RUNE being slashed as a result of the unauthorized outbound transactions. * Churn activity has been paused while the investigation and remediation efforts are ongoing. * Onboarding additional chains and operations requiring churns will be delayed until the network is stabilized. * Initial indications show no individual user swaps were affected. We are asking all node operators to immediately review their infrastructure, hosts, key management systems, and operational security for any signs of compromise or abnormal behavior, and to report anything suspicious in Discord. Node operators participating in the affected vault are requested to securely provide Bifrost logs to the dev team for analysis using 'make relay' .

thorchain hacked of $7.4m+ from being the chain for laundering hacked funds to getting hacked. who's gonna save the funds now?

revoked all my cowswap approvals, suggest you do the same. If you use Rabby they have a great tab for this making the process seamless Good opportunity to remind you of the golden trio of safety 1) Rabby wallet -> Allow tx simulation 2) As a signer to a Safe -> another simulation layer 3) the wallet is a hw wallet and you compare the screen of your physical device with the information on the other layers. If u adopt the golden trio, u safu from unc Kim