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Wu Blockchain
@WuBlockchain
Important Crypto News mainly Asia Lead by Colin Wu 吴说 More Channels: Contact: Tele colinwu1989 non-financial advice
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Chainalysis: Ethereum Reorg Triggers THORChain Emergency Pause, Delaying Laundering of Binance Hack Funds Blockchain analytics firm Chainalysis said an Ethereum chain reorganization on the morning of October 31 (EDT) caused THORChain to mistakenly issue a double refund to a user who had deposited 10 ETH, triggering an emergency pause. The pause blocked cross-chain swaps through most of THORChain’s bridges for all users, including North Korean money launderers, inadvertently delaying the laundering of a significant amount of funds stolen from Binance.
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