MAGAThor💹🧲

$BTC $RUNE $MAYA $SPX

[Australian Football News @AUSFUTNews]

🇦🇺 2-0 🇹🇷

Winning and losing is part of football. Respect should be too.

Disappointing to see Arda Güler walk away without acknowledging or shaking hands with the Australian players after the final whistle. Moments like that say a lot about character.

Turkey have some outstanding footballers, but sportsmanship matters just as much as talent. The Socceroos earned their victory and deserved that respect.

Take the loss, shake hands, and move on. That’s football. 🤝⚽️

🎥 @iHQGuler

[SamAlτcoin.eth ☀️ @SAMALTCOIN_ETH]

Saylor sold 32 $BTC, then said $ETH confidence collapsed.

Unfortunately, Tom Lee was in the room.

[MAGAThor💹🧲 @OilGasBTC]

@CryptoHayes

[Aaluxx⚡️🍫🛡️ @AaluxxMyth]

Alright Thorchads! Once again, here is my proposal on how to move forward after Friday’s TSS vault exploit. Looking forward to constructive feedback to make it better, and looking forward to read new and different proposals if you have one! It is important to participate actively during this time. Let’s go!! @THORChain

https://t.co/2gxyCV30aZ

[MAGAThor💹🧲 @OilGasBTC]

LFG

[Eridanus 🚢 @eridanus_dev]

Wishing the @THORChain team well. I'm sure the community will persist as always.

Every protocol handling exogenous capital needs to be doubling and tripling down on security. Everyone with a claude subscription is now an expert-level hacker. Stay safe.

[THORChain @THORChain]

THORChain incident update #1
THORChain contributors shared a new update in the dev discord regarding the ongoing incident.

TLDR
- Current evidence points toward a newly churned node linked to the attack, likely operated by a single malicious actor

- The leading theory is an exploit in the GG20 TSS implementation, allowing vault key material to leak over time. The attacker may have reconstructed the vault private key and executed unauthorized outbound txs

- Current network status:
-- The network is paused after multiple node operators executed make pause
-- RUNE transfers and chain observation may resume within ~12h unless decided otherwise by the nodes.
-- Trading, LP actions, signing, and sensitive operations remain paused for now

- Recovery discussions currently include slashing affected node bonds, using POL to absorb losses, or other community-driven solutions

The investigation is still ongoing alongside THORSec and Outrider Analytics.

## Full Announcement ##
Developers and THORSec have been investigating today’s incident continuously throughout the day. While new information may still emerge, I want to provide the community with an update based on what we currently know.

The goal of this update is to clarify the current understanding of the situation as accurately and transparently as possible.

A newly churned node, thor16ucjv3v695mq283me7esh0wdhajjalengcn84q, which entered the network several days ago, is currently believed to be associated with the attack. Developers have identified links between Ethereum addresses used to acquire and bond RUNE for this node, and Ethereum addresses that later received the stolen funds. Based on current evidence, it is believed this was conducted by a single malicious operator, though the investigation remains ongoing.

At this time, the leading theory is the attacker exploited a vulnerability within the GG20 TSS implementation which allowed sensitive key material from vault participants to leak over time. By accumulating enough leaked information, the attacker was ultimately able to reconstruct the vault’s TSS private key and execute unauthorized outbound transactions.

The Treasury is actively collecting forensic data and coordinating with Outrider Analytics and relevant law enforcement agencies in an effort to identify the attacker and pursue recovery of stolen funds where possible.

Due to multiple node operators executing make pause, the network is currently paused. Unless further action is taken, the pause state will automatically expire in approximately 12 hours. At this time, the development team is comfortable allowing the pause to expire in order to restore RUNE transfers and chain observation activity.

However, trading, signing, LP actions, and other sensitive operations will remain paused until the network and community align on a comprehensive recovery and remediation plan.

The recovery process will likely require node governance decisions regarding how losses are ultimately handled. Several potential approaches are already being discussed, including:

Slashing the bond of nodes participating in the affected vault
Allowing Protocol-Owned Liquidity (POL) to absorb the loss
Additional recovery proposals that may emerge from the broader community

At this stage, no final decisions have been made.

The team is continuing to work on a complete recovery and restart plan for the network. Bringing trading and full functionality back online will likely take several days, and potentially longer depending on the complexity of the chosen remediation path.

We will continue to provide updates as more information becomes available.

Finally, I want to thank the developers, node operators, security contributors, and the broader THORChain community for the enormous amount of work done today. One of THORChain’s greatest strengths has always been the community’s ability to come together under pressure, collaborate quickly, and solve difficult problems together.

[MAGAThor💹🧲 @OilGasBTC]

@BitcoinAnja Any in Sydney? Northern beaches is a great place - highly recommended

[MAGAThor💹🧲 @OilGasBTC]

Calling @RujiraNetwork

[The Wolf Of All Streets @scottmelker]

@LynAldenContact @CorySwan In my convo with Saylor last week, he was openly excited about “yield tokens” using $STRC in defi.

[THORChain @THORChain]

⚡️Nodes, your votes are needed.

Three new stable pools are proposed to strengthen the RUNE/USD price reference: BSC.USDT, BASE.USDC, and TRON.USDT. All three are live with meaningful depth. Adding them makes the TOR anchor more resilient to single-chain or single-issuer disruptions. Strictly additive, no downside if any one becomes unhealthy. Requires 2/3+ supermajority to pass.

And the xUSK is the receipt token for USK deployed in Kujira's lending vault. With the MR merged and live in v3.17, nodes need to activate:

ENABLESWITCH-GAIA-XUSK: 1

You can find the full announcement to the community of the sunsetting USK here:
https://t.co/NSFuC5y46w

[Vaultstone Advisory @vaultstone]

$292M lost to one bridge exploit this year.

Rujira doesn't use bridges. Every swap settles natively on THORChain.

The safest trade is the one that never wraps.

#THORChain #Rujira #DeFi #CryptoSecurity

[MAGAThor💹🧲 @OilGasBTC]

@jpthor Building public and decentralisation the reason for its survival? Somehow Thorchain forward marches through the chaos.... . And now I'm wondering if it can never be stopped?

[MAGAThor💹🧲 @OilGasBTC]

@betty_nft In

[MAGAThor💹🧲 @OilGasBTC]

@betty_nft @OilGasBTC

[Vaultstone Advisory @vaultstone]

Most protocols pay liquidity providers with printed tokens.

THORChain pays them with real swap fees from 68.8M+ transactions.

No emissions. Deflationary supply. Revenue from usage, not inflation.

That's the difference between a product and a Ponzi.

#THORChain #RealYield #D...

[monerify @monerify]

THORChain is working on enabling XMR swaps, further increasing liquidity availability that has been lost due to the recent delisting from exchanges

even though monero is still listed on major exchanges like kraken or kucoin, the reality is that in the real world there is no sense of urgency to use crypto beyond wanting to get rich quick

what comes in the following years might be the most interesting developments in crypto adoption since the beginning of the space as people smarten up and flock out of participating in meme coins and other related scams

only then will the strongest survive and begin to thrive

[MAGAThor💹🧲 @OilGasBTC]

@VoteLewko @AlboMP You got me!

[MAGAThor💹🧲 @OilGasBTC]

@_CoachMathias @lachlanscards @APompliano Don't cry bro

[MAGAThor💹🧲 @OilGasBTC]

@dxbzrn5g9z @AdamBLiv Borrow from a decentralized platform @RujiraNetwork

[R3tards Down Under @r3tarddownunder]

Trump after being shot.

Albanese after being heckled.