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Thorchain Glitch Blocks Binance Hack Route as FBI Presses Nodes

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: A one-block Ethereum reorganization on Saturday triggered a double refund involving 10 ETH on Thorchain, setting off an emergency pause that disrupted cross-chain swaps across most of its supported networks. Chainalysis said the malfunction inadvertently delayed laundering activity connected to Binance’s $6.4 billion theft. Meanwhile, the FBI urged Thorchain node operators to block transactions associated […] Crypto Insight Analysis: Direction: Bearish RUNE Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Refund glitch halted swaps across supported networks, exposing operational and compliance risks for THORChain.

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