Svmuu News: After being offline for more than five weeks following an attack in May, the decentralized cross-chain liquidity protocol THORChain has resumed trading. Signing, transfers, liquidity provider operations, and swaps are all back online.
Previously, on May 15, blockchain investigator ZachXBT and security firm PeckShield reported a suspected attack, prompting THORChain to suspend trading. The vulnerability resulted in a loss of approximately $10.7 million from one of its six Asgard vaults; the remaining five vaults were unaffected.
THORChain stated that all vaults have now been verified, and every key fragment has been cross-checked. Native Monero swaps are currently undergoing end-to-end testing and will be launched shortly. (The Block)