According to @lookonchain, JP (@jpthor), the co-founder of THORChain and Vultisig, was scammed out of approximately 1.3 million dollars by North Korean hackers via a conference call scam, with a referenced transfer at Etherscan transaction 0x348c67dd3f9c4a8cdfbf526511820b73e58fbd01fe84355713351b5889f82ba0 (source: @lookonchain; source: Etherscan). According to @zachxbt, JP and his products have benefited from helping North Korean hackers launder funds, linking the allegation to THORChain and Vultisig activity (source: @zachxbt). For traders, the directly related crypto asset is THORChain’s token RUNE and the associated wallet product Vultisig, with verification via the cited on-chain transaction hash for due diligence and monitoring (source: @lookonchain; source: Etherscan).

According to @PeckShieldAlert, a THORChain user's personal wallet was exploited for an estimated loss of about $1.2 million. Source: @PeckShieldAlert (X, Sep 12, 2025). The alert specifies the affected entity as a user's personal wallet rather than the THORChain protocol. Source: @PeckShieldAlert (X, Sep 12, 2025). No attacker address, exploit vector, or remediation details were provided in the alert text. Source: @PeckShieldAlert (X, Sep 12, 2025). This incident marks a timestamped security event associated with the THORChain ecosystem that traders tracking RUNE may monitor by size (~$1.2M) and timing. Source: @PeckShieldAlert (X, Sep 12, 2025).

According to @PeckShieldAlert, the incident was a compromise of a user's personal wallet and is not related to the THORChain protocol, indicating no confirmed protocol-level exploit on THORChain at this time (source: x.com/PeckShieldAlert/status/1966409664008233379). For trading, this clarification means the event should be treated as user-side security risk rather than a protocol failure when assessing RUNE exposure and THORChain liquidity risk (source: x.com/PeckShieldAlert/status/1966409664008233379; reference: x.com/PeckShieldAlert/status/1966399712741016051).

According to @PeckShieldAlert, THORChain suffered an exploit with an estimated loss of about $1.2 million. Source: @PeckShieldAlert on X, Sep 12, 2025. The alert did not provide details on the attack vector, affected chains, or mitigation steps, indicating limited public information at this time. Source: @PeckShieldAlert on X, Sep 12, 2025. For trading, the reported exploit creates immediate headline risk for RUNE and THORChain liquidity pools; traders can monitor centralized exchange order books, funding rates, and on-chain swaps for stress potentially linked to the incident. Source: @PeckShieldAlert on X, Sep 12, 2025. Market participants should track official THORChain updates for confirmations, patches, and any service changes that could impact cross-chain routing and LP withdrawals. Source: @PeckShieldAlert on X, Sep 12, 2025.

According to KookCapitalLLC on Twitter, there are growing concerns within the trading community regarding a possible delay in the THORChain (RUNE) June launch, with some speculating the launch could be pushed as far as June 2026. This uncertainty has led to increased volatility in RUNE trading, as traders adjust their positions in response to the potential postponement (source: KookCapitalLLC on Twitter, June 17, 2025). Delays in key project milestones often trigger short-term bearish sentiment, and traders should monitor official THORChain channels for confirmation and be prepared for potential price swings in the RUNE market.

According to @EmberCN, the hacker who stole funds from Coinbase users has continued to liquidate their holdings, selling 8,775 ETH for $23.23M DAI in the past two hours. Since 8 AM today, the hacker has moved a total of 26,347 ETH through THORChain and exchanged it for $68.18M DAI at an average price of $2,588 per ETH. The DAI from these sales is currently stored in two specific addresses. This large-scale sale has the potential to put significant downward pressure on Ethereum prices and could increase volatility across the broader crypto market as traders react to the rapid liquidation. Source: @EmberCN on Twitter.

According to PeckShieldAlert, the threat actor responsible for stealing over $300 million from Coinbase users through bribery of customer support has swapped 8,697 ETH for 22 million DAI. Additionally, another address tied to this hack, receiving 9,081 ETH from THORChain, has exchanged those funds for 23 million DAI. These large-scale Ethereum-to-DAI swaps, totaling over $45 million, could create significant short-term selling pressure on ETH, potentially impacting liquidity and price volatility across major DeFi trading pairs. The rapid conversion of ETH to stablecoins following high-profile hacks is a key indicator for traders to monitor for further potential market disruptions. (Source: PeckShieldAlert on Twitter, May 22, 2025)

According to EmberCN, a hacker who previously stole funds from Coinbase users has transferred 17,778.7 ETH through THORChain in the past two hours, selling the assets for a total of $44.94 million in DAI at an average price of $2,528 per ETH (Source: EmberCN on Twitter, May 22, 2025). The most recent transaction saw the hacker moving 9,080.7 ETH and exchanging it for $22.82 million in DAI. This large-scale ETH liquidation may increase short-term selling pressure on Ethereum and could impact DAI liquidity and price stability. Traders should monitor ETH and DAI price volatility and be cautious of sudden large movements, as continued hacker activity could further affect both Ethereum and stablecoin markets.

According to @EmberCN, 8,698 ETH were sold for 22.12 million DAI at a price of $2,543.4 just 50 minutes ago. The address received these ETH from THORChain, a decentralized cross-chain exchange, only an hour and a half prior. Historically, funds transferred via THORChain have been associated with questionable origins, notably with Bybit hack proceeds previously laundered through the platform. This sizeable transaction may signal increased risk sentiment and potential volatility in ETH and DAI markets due to its connection to potentially illicit funds and large-scale movement. Source: @EmberCN on Twitter.

According to ZachXBT, THORChain and its associated platform ThorFi are facing criticism for not being fully decentralized after unilaterally freezing $200 million of user funds earlier this year (source: ZachXBT on Twitter, May 21, 2025). This incident raises significant concerns for crypto traders about counterparty risk and the reliability of decentralized finance protocols. The freeze highlights the need for traders to reassess risk management strategies when using platforms that claim decentralization but retain the ability to restrict access to funds.

According to PeckShieldAlert, a Zoth exploiter-labeled address transferred 1,000 ETH (approximately worth $1.5 million) to Thorchain. The funds were then bridged into Bitcoin (BTC) and Litecoin (LTC), indicating a strategic diversification possibly to obscure the origins of the assets.

According to @ai_9684xtpa, a whale has exchanged $17.88 million worth of BTC for ETH using THORChain in the past 24 hours. The whale sold 235.34 BTC and acquired 9,529.64 ETH, with the latest transaction occurring 5 hours ago. Due to significant exchange slippage, the effective cost was $1,877 per ETH. This movement can potentially impact ETH market dynamics, especially considering the large volume of the transaction.

According to Lookonchain, two new wallets, likely associated with hackers, received 14,064 ETH from THORChain and Chainflip. These funds were then exchanged for 27.5 million DAI at an average selling price of $1,956 per ETH. This significant liquidation could impact ETH's market price as large sell-offs typically increase supply, potentially leading to price volatility.

According to Lookonchain, two new wallets, likely linked to hackers, received 14,064 ETH from THORChain and Chainflip. These wallets subsequently exchanged the ETH for $27.5 million DAI at an average price of $1,956 per ETH. This activity may influence market sentiment as large sell-offs can trigger price volatility.

According to Lookonchain, a newly created wallet received 3,433 ETH from THORChain and exchanged it for 6.8 million DAI at a price of $1,981 per ETH. This transaction indicates a significant liquidation move, impacting ETH's liquidity and possibly its short-term price stability. Source: Lookonchain.

According to Lookonchain, a newly created wallet received 3,433 ETH from THORChain and exchanged it for 6.8 million DAI at a price of $1,981 per ETH. This transaction highlights a significant sell-off, potentially impacting ETH's short-term market liquidity and price stability. Traders should monitor for any further large-scale movements from this wallet or others linked to THORChain due to potential implications for ETH and DAI market dynamics.

According to @zachxbt, Asgardex contributors have refused to return approximately $900K in fees profited from the Bybit hack attributed to DPRK. This decision contrasts with other teams that chose to return the fees. The refusal underscores a commitment to maintaining Thorchain's decentralized nature without censoring activities.

According to Crypto Rover, the Bybit hacker has successfully laundered all stolen 499,395 ETH, valued at $1.04 billion, primarily using Thorchain, which could significantly impact market liquidity and trading strategies for ETH.

According to @lookonchain, the Bybit hacker has successfully laundered all the stolen 499,395 ETH, valued at approximately $1.04 billion, primarily through the decentralized exchange THORChain.

According to Lookonchain, the Bybit hacker has successfully laundered 499,395 ETH, valued at $1.04 billion, primarily through the decentralized network THORChain. This event highlights significant security challenges in cryptocurrency exchanges, impacting trading strategies and emphasizing the need for robust security measures.