THORChain has resumed trading after suffering a $10.7 million loss from a previous attack

Odaily Planet Daily News After being down for over five weeks due to an attack in May, the decentralized cross-chain liquidity protocol THORChain has resumed trading. Signing, routing, liquidity provider operations, and swaps are all back online.

Previously on May 15, blockchain investigator ZachXBT and security firm PeckShield pointed out that it had allegedly suffered an attack, after which THORChain suspended trading. The vulnerability caused a loss of approximately $10.7 million from one of its six Asgard vaults, while the remaining five vaults were unaffected.

THORChain stated that every vault has now been verified, and every key share has been cross-checked. Native Monero swaps are undergoing end-to-end testing and will be launched subsequently. (The Block)