Information disclosed by blockchain analytics firm Chainalysis shows that a block reorganization occurred on the Ethereum network on November 1. This technical anomaly directly caused erroneous refunds on the THORChain protocol. Specifically, the protocol processed a refund twice for a user who had deposited 10 ETH, triggering THORChain’s built-in emergency pause mechanism.
The sudden pause temporarily prevented all users from accessing THORChain’s cross-chain swap service. Until the protocol resumed operations, users of all kinds—including North Korean hackers—could not exchange assets through its cross-chain bridge, objectively delaying some money-laundering operations.
Chainalysis noted that the pause unexpectedly disrupted North Korean hackers’ plans to launder funds stolen from Binance through the THORChain protocol, temporarily hindering their progress. This outcome was a chain reaction triggered by the block reorganization, not a preprogrammed feature of the protocol or a deliberate intervention.
$ETH #Binance
The sudden pause temporarily prevented all users from accessing THORChain’s cross-chain swap service. Until the protocol resumed operations, users of all kinds—including North Korean hackers—could not exchange assets through its cross-chain bridge, objectively delaying some money-laundering operations.
Chainalysis noted that the pause unexpectedly disrupted North Korean hackers’ plans to launder funds stolen from Binance through the THORChain protocol, temporarily hindering their progress. This outcome was a chain reaction triggered by the block reorganization, not a preprogrammed feature of the protocol or a deliberate intervention.
$ETH #Binance
