Popular on-chain investigator ZachXBT updated his 100,000 followers on Telegram minutes ago that the popular decentralized exchange THORChain has likely become a victim of a new crypto hack.
The reported attack appears to be for over $7.4 million, as the platform was exploited on Bitcoin, Ethereum, Binance Smart Chain, and Base.
Although there has been no official confirmation from THORChain’s team as of the time of this point, the project’s native token plummeted immediately after the news spread on X.
RUNE traded above $0.58 before it crashed by double-digits to a two-week low of $0.50, where it found some support.
This is a breaking story with few details at the moment, so make sure to follow for additional information in the following hours.
UPDATE 1: ZachXBT noted shortly after his first report that the actual stolen amount has grown to $10.7 million.
The post RUNE Plunges by 15% as THORChain Falls Victim to New Hack: ZachXBT appeared first on CryptoPotato.
 RUNE just plumeted by around 15% in minutes. AA News, Crypto News, THORChainÂ
This articles is written by : Nermeen Nabil Khear Abdelmalak
All rights reserved to : USAGOLDMIES . www.usagoldmines.com
You can Enjoy surfing our website categories and read more content in many fields you may like .
Why USAGoldMines ?
USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.