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Reading: Altcoin’s founder’s wallet was hacked: $ 1.35 million was stolen
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EdaFace Newsfeed > Latest News > Security & Hacks > Altcoin’s founder’s wallet was hacked: $ 1.35 million was stolen
Security & Hacks

Altcoin’s founder’s wallet was hacked: $ 1.35 million was stolen

vitalclick
Last updated: September 12, 2025 1:33 pm
1 hour ago
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Decentralized stock market collector ThorswapBlockchain offered an award after an attack on the asset of about $ 1.2 million. Blockchain In -In -Analyst ZachxbtAccording to the victim Altcoin project Thorchain’s founder John-Paul Thorbjorns. The Thorswap team announced that if the stolen assets are returned, the reward will be given and that no legal action will be initiated.

Award Program announced after the attackHow did the attack happen?

Award Program announced after the attack

Thorswap, the attacker Message in blockchain He sent a prize in exchange for the refund of assets. If the coins stolen in the message were returned within 72 hours, the legal process will not be initiated. Blockchain security company Peckshield reported that the attack belongs to the Thorchain protocol at first, but soon announced that it only targeted an individual wallet. Thorswap CEO Paper X verified the incident and announced that the protocols were not damaged and that only a personal wallet was hacking.

In -Blockchain -in -analyst Zachxbt said the attack may belong to the founder Thorbjornsen’s personal wallet. According to data, the attacker is worth about $ 1.03 million Kyber Network Altcoinand worth $ 320,000 Thorswap Coinstole his. Most of the stolen assets are Ethereum $4,516.03He was translated into an address.

How did the attack happen?

The source of the event is Thorbjornsen’s friend seized Telegram a fake sent from your account Zoom It was connected. Access to the old metamask wallet of the founder was provided through this connection. Although the wallet was in a closed session on a different Chrome profile, the key information was recorded in iCloud Keychain and the attackers have benefited from this point.



The founder pointed out the importance of Threshold Signature Based Wallets, stating that additional measures should be taken in wallet security after the attack. This system allows the special switch to be broken and kept on different devices and prevents all assets from being seized with a single access.


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Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

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