Posted 10 months ago | by Catoshi Nakamoto

ThorChain and its native token Rune was one of the best performing crypto assets during the first leg of the 2021 bull run, with prices climbing from as low as 2 cents in January to an all time high of over 20 dollars in May. But recent weeks have brought a series of hammer blows to the platform, after not one, not two, but three separate attacks exposed some serious flaws on the network. The most recent of which saw hackers making off with coins worth over 8 million dollars. Today, we’ll be looking at how these latest attacks unfolded, how it’s been handled, and what it could mean for Thorchain’s future in the DeFi landscape.

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About Catoshi Nakamoto

c6ea0c3794492f30883e516d39b2597a?s=90&d=blank&r=g This Could Change DeFi Forever (ThorChain HACKED)Activist/Journalist, former writer - We Are Change, The Mind Unleashed, Coinivore, others. Currently writing for - Activist Post and Bitboy Crypto. Not Right or Left Apolitical. I Care About Truths (CATS.) Cryptocurrency enthusiast, I mined and lost 100+ BTC in 2010-2011. I work with - Bitboy, SoMee, CEEK, Presearch, and W3BT aka FMW Media Group. Friend of mostly everyone who isn't a dick. Just A Cool Cat.