THORChain
Named by 20 kept items in this workspace.
9 items name it under tools, 8 under classification.technologies and 3 under affected products.
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The items that name it 20
Cross-chain swap network used by Lazarus Group after the Bybit hack to convert stolen ETH to Bitcoin
Continued processing swaps tied to the hacker's funds
decentralized cross-chain swap protocol, used by attackers to swap stolen XRP
Cross-chain swap network used by the attacker to launder funds; declined Bitget's request to block the attacker's addresses; previously halted entire network for ~5 weeks after a $10.7 million exploit on May 15, 2026, resuming June 22
Cross-chain swap service used to convert ether to bitcoin, leaving a public record of incoming ether and outgoing bitcoin
Crosschain rail approached by the Bitget attackers; declined Bitget CEO's request to block attacker addresses, citing neutrality; facilitated a hacker-linked wallet swapping more than $6M worth of ETH into BTC; also facilitated 72% of the stolen ETH moved after the $1.4B Bybit Hack in February 2025
Swap service that allows anyone to use its network without blocking attacker addresses, relying on emergency shutdown controls to protect the protocol rather than selectively freeze funds.
Decentralized protocol letting users exchange assets across different blockchains without a centralized exchange account; used by the Bitget hacker to swap stolen ETH for BTC
- Weekly Research Brief: Binance Hacked; Hyperliquid on Wall Street; Prediction Markets’ Brazil ‘Miss’
Named as a possible route for laundering the roughly $2.4b in ETH and BTC still held by the attacker.
Decentralized cross-chain protocol used to move/convert stolen Bitget funds and prior Bybit/ColdCard theft proceeds; declined requests to block the funds, citing its decentralized/permissionless design
Cross-chain swap protocol used by the attacker to launder funds (90.5% of stolen XRP swapped to BTC, 7.6% to ETH); declined Bitget's request to refuse service to attacker addresses.
Decentralized, permissionless protocol through which bulk of Bitget-hack stolen funds (and previously Bybit loot) were moved/laundered; declined Bitget CEO's request to block the funds.
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