THORChain Restarts Most Swaps After Analyst Said Operators Would Expect North Korea to Launder
By Unchained
AI summary of the source article
THORChain resumed swaps across most halted blockchains on Nov. 3 following an Oct. 31 Ethereum reorg. Trading restarted on networks including Bitcoin and Ethereum, while BNB Smart Chain, Cosmos Hub, and Solana remained halted.
Key facts
- THORChain reactivated swaps on multiple chains on Nov. 3 following an Oct. 31 Ethereum reorg that caused a refund bug.
- Swaps restarted for Bitcoin, Ethereum, Tron, Bitcoin Cash, Dogecoin, Litecoin, and Zcash, while BNB Smart Chain remained halted.
- The halt had previously delayed North Korean hackers attempting to move funds stolen from Binance.
Source excerpt · Unchained
Jonty, founder of Pangolin Intelligence, said in an Unchained episode recorded Nov. 2, while 10 chains were still halted, that a node operator voting to switch THORChain back on would be doing so "knowingly," expecting North Korea to launder billions in stolen money; THORNode data showed Bitcoin, Ether and Tron swaps running again by 3:50 p.m. ET on Nov. 3. The post THORChain Restarts Most Swaps A…