MAGAThor💹🧲

Wishing the @THORChain team well. I'm sure the community will persist as always. Every protocol handling exogenous capital needs to be doubling and tripling down on security. Everyone with a claude subscription is now an expert-level hacker. Stay safe.

THORChain incident update #1 THORChain contributors shared a new update in the dev discord regarding the ongoing incident. TLDR - Current evidence points toward a newly churned node linked to the attack, likely operated by a single malicious actor - The leading theory is an exploit in the GG20 TSS implementation, allowing vault key material to leak over time. The attacker may have reconstructed the vault private key and executed unauthorized outbound txs - Current network status: -- The network is paused after multiple node operators executed make pause -- RUNE transfers and chain observation may resume within ~12h unless decided otherwise by the nodes. -- Trading, LP actions, signing, and sensitive operations remain paused for now - Recovery discussions currently include slashing affected node bonds, using POL to absorb losses, or other community-driven solutions The investigation is still ongoing alongside THORSec and Outrider Analytics. ## Full Announcement ## Developers and THORSec have been investigating today’s incident continuously throughout the day. While new information may still emerge, I want to provide the community with an update based on what we currently know. The goal of this update is to clarify the current understanding of the situation as accurately and transparently as possible. A newly churned node, thor16ucjv3v695mq283me7esh0wdhajjalengcn84q, which entered the network several days ago, is currently believed to be associated with the attack. Developers have identified links between Ethereum addresses used to acquire and bond RUNE for this node, and Ethereum addresses that later received the stolen funds. Based on current evidence, it is believed this was conducted by a single malicious operator, though the investigation remains ongoing. At this time, the leading theory is the attacker exploited a vulnerability within the GG20 TSS implementation which allowed sensitive key material from vault participants to leak over time. By accumulating enough leaked information, the attacker was ultimately able to reconstruct the vault’s TSS private key and execute unauthorized outbound transactions. The Treasury is actively collecting forensic data and coordinating with Outrider Analytics and relevant law enforcement agencies in an effort to identify the attacker and pursue recovery of stolen funds where possible. Due to multiple node operators executing make pause, the network is currently paused. Unless further action is taken, the pause state will automatically expire in approximately 12 hours. At this time, the development team is comfortable allowing the pause to expire in order to restore RUNE transfers and chain observation activity. However, trading, signing, LP actions, and other sensitive operations will remain paused until the network and community align on a comprehensive recovery and remediation plan. The recovery process will likely require node governance decisions regarding how losses are ultimately handled. Several potential approaches are already being discussed, including: Slashing the bond of nodes participating in the affected vault Allowing Protocol-Owned Liquidity (POL) to absorb the loss Additional recovery proposals that may emerge from the broader community At this stage, no final decisions have been made. The team is continuing to work on a complete recovery and restart plan for the network. Bringing trading and full functionality back online will likely take several days, and potentially longer depending on the complexity of the chosen remediation path. We will continue to provide updates as more information becomes available. Finally, I want to thank the developers, node operators, security contributors, and the broader THORChain community for the enormous amount of work done today. One of THORChain’s greatest strengths has always been the community’s ability to come together under pressure, collaborate quickly, and solve difficult problems together.

@BitcoinAnja Any in Sydney? Northern beaches is a great place - highly recommended

Sydney and Perth Bitcoiners… more of you should come to the Bay Bush Bash. I put a dangerous amount of emotional leverage into you people, and now my trust has been liquidated. Brisbane, Gold Coast, and Adelaide... you’re carrying the network right now.

Calling @RujiraNetwork

⚡️Nodes, your votes are needed. Three new stable pools are proposed to strengthen the RUNE/USD price reference: BSC.USDT, BASE.USDC, and TRON.USDT. All three are live with meaningful depth. Adding them makes the TOR anchor more resilient to single-chain or single-issuer disruptions. Strictly additive, no downside if any one becomes unhealthy. Requires 2/3+ supermajority to pass. And the xUSK is the receipt token for USK deployed in Kujira's lending vault. With the MR merged and live in v3.17, nodes need to activate: ENABLESWITCH-GAIA-XUSK: 1 You can find the full announcement to the community of the sunsetting USK here: x.com/RujiraNetwork/…

$292M lost to one bridge exploit this year. Rujira doesn't use bridges. Every swap settles natively on THORChain. The safest trade is the one that never wraps. #THORChain #Rujira #DeFi #CryptoSecurity

@jpthor Building public and decentralisation the reason for its survival? Somehow Thorchain forward marches through the chaos.... . And now I'm wondering if it can never be stopped?

@betty_nft In

Aussie cabal recruitment post. Tap in.

@betty_nft @OilGasBTC

Hello fellow Australians in crypto. There is a group chat. If you want to be in it, let me know. I’m going to bed and Il add you tomorrow. ✌️

Most protocols pay liquidity providers with printed tokens. THORChain pays them with real swap fees from 68.8M+ transactions. No emissions. Deflationary supply. Revenue from usage, not inflation. That's the difference between a product and a Ponzi. #THORChain #RealYield #D...

@VoteLewko @AlboMP You got me!

Breaking: Australian government to build 22 new oil refineries and lift the ban on nuclear energy immediately. Government also to halve taxes across the economy and reduce migrant intake. @AlboMP says: "It's time for Australia to become energy independent and economically strong. The best way to do this is via free markets, lowering taxes and taking proper advantage of our natural resources". For Immediate Release. Canberra, April 1 2026.

@_CoachMathias @lachlanscards @APompliano Don't cry bro

@lachlanscards @APompliano I know i did

This is incredible. Watch this young woman realize she is going to change the trajectory of her entire family. She sits with her parents while she opens her Ivy League application decisions. Congratulations to their entire family.

@dxbzrn5g9z @AdamBLiv Borrow from a decentralized platform @RujiraNetwork

@AdamBLiv What if lending companies loses coins?

🔥GENIUS EARLY RETIREMENT LIFE HACK🔥 You can make $750k for FREE with STRK. Don't believe me? Step 1 - Deposit 4.25 BTC ($303k) as collateral at 33% LTV. Get a $100k loan. Liquidation price is ~$35k, meaning BTC would need to drop another 50% from here to get margin called. Step 2 - Buy 1,381 shares of STRK at $72.40. Step 3 - STRK pays 10.5% = $10,500/year in dividends. Your loan costs 10.5% = $10,500/year. Perfect wash. Every dollar of dividend income services the debt. Net carry cost over 10 years: $0. You hold STRK for FREE. Step 4 - BTC goes to $1.6M in ten years (power law). Your 4.25 BTC collateral is now worth $6.85M. The $100k loan is 1.46% of your collateral value. Step 5 - MSTR rides 22.6x BTC growth × 1.33x NAV premium × 1.63x BTC/share accretion = 49x multiplier. MSTR goes from $126 to roughly $6,167. Step 6 - Convert 1,381 STRK into 138.1 MSTR shares. Value: $851,608. Step 7 - Pay off the $100k loan. Net from the STRK play: $751,608. Step 8 - Get your 4.25 BTC back. Worth $6.85M. Final scorecard: $303k turns into $7.6M (25x, 38.0% CAGR). Pure HODL would’ve been $6.85M. The STRK play added $751,608 of free alpha on top at zero net cost. Dividends covered interest. Your BTC never left. It just worked harder.

Trump after being shot. Albanese after being heckled.

Anthony Albanese and Tony Burke were heckled as they attempted to sure up the muslim vote at Lakemba mosque. The house of cards is falling.

@BooneW Actually maybe I will.... Need oil down, interest cuts, and Bitcoin to explode...

@BooneW Fuck no.

Stand with me against Trump’s Iran War!

@RealJamesWoods @elonmusk Agree

People on X got this figured out at lightning speed. It’s a phishing scam, albeit it a convincing one. Thank you for your help. I assume this is actually someone from support, but on the off chance it’s actually you, may I say you are an extraordinary person. @elonmusk

@DouglasTuman So we will have to turn @THORChain back on in @cakewallet