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The Cross-Chain Liquidity Protocol THORChain Resumed Operation After Completing Security Audit
Summary: THORChain, a cross-chain liquidity agreement, announced on Thursday that it has completed two security audits and obtained a passing score. THORChain suffered two major hacking attacks in the past July, with losses amounting to millions of dollars each. Simultaneous audits conducted by cyber security companies Trail, Bits, and Halborn enabled THORChain to implement a five-step ...
THORChain, a cross-chain liquidity agreement, announced on Thursday that it has completed two security audits and obtained a passing score.
THORChain suffered two major hacking attacks in the past July, with losses amounting to millions of dollars each.
Simultaneous audits conducted by cyber security companies Trail, Bits, and Halborn enabled THORChain to implement a five-step recovery plan. THORChain developers now say that the protocol is fully operational after all major cryptocurrency integration and cross-chain transaction functions are back online.
In addition to the audit, THORChain also commissioned DeFi bug bounty platform Immunefi to implement a bounty program to identify new vulnerabilities.
By Mary Liu
Tags: Bug,Hack,THORChain
Link: The Cross-Chain Liquidity Protocol THORChain Resumed Operation After Completing Security Audit [Copy]
