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THORChain confirms Asgard Vault has been attacked, resulting in a loss of approximately $10.7 million
  • RUNE0%

BlockBeats News, May 15th, THORChain issued an announcement confirming an attack on an Asgard vault, and trading has been halted. Preliminary indications show that user funds are safe, with only the protocol's own funds affected. THORChain stated that the network automatically detected abnormal behavior and paused signing activities to prevent further fund outflows. The current estimated loss is approximately $10.7 million.

The announcement stated that out of the 6 Asgard vaults, one is suspected to have been breached, and related nodes have triggered the RUNE slash mechanism due to unauthorized transfers. The network has currently paused Churn activities, and new inbound links and related operations will be delayed until the investigation and fixes are completed.

THORChain indicated that initial investigations show that user swaps were not affected, and all node operators have been instructed to immediately check their infrastructure, key management systems, and operational environments for any anomalies.

Source: BlockBeats

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