User Wallet Attacks Cause $1.2 Million Loss; THORChain Remains Secure

Recent reports suggested a loss of $1.2 million in an incident involving the THORChain decentralized protocol, but PANews confirms that this was caused by attacks targeting individual user wallets, not the network itself. Previously, erroneous claims linked the incident to a breach within THORChain. It’s important to note that the issue originated from vulnerabilities associated with personal security measures and not the platform’s architecture.