THORChain’s 10 ETH refund error disrupts Binance hackers’ transfers

THORChain has suspended cryptocurrency swaps across 10 blockchain networks after an Ethereum transaction error triggered an emergency shutdown, temporarily disrupting transfers linked to the $6.3 billion Binance hack. Summary THORChain suspended swaps on 10 blockchain networks after an Ethereum block reorganization caused an incorrect 10 ETH refund. The protocol’s automatic solvency checker detected the missing funds and halted Ethereum swaps before node operators paused additional chains. THORChain said the recipient returned the extra 10 ETH, restoring the affected vault’s balance. Chainalysis reported that the interruption temporarily delayed cross-chain transfers linked to the $6.3 billion Binance hack. The FBI has urged THORChain operators and other crypto services to block transactions connected to North Korea’s TraderTraitor group. According to a November 2 statement, the cross-chain protocol encountered a refund problem following an Ethereum block reorganization on October 31. Its security systems detected a missing 10 ETH payment and halted Ethereum swaps before node operators suspended trading on other networks. On October 31, THORChain halted trading on several blockchai...