While Thorchain has since issued a recovery plan to restore user funds lost to the attack, the more significant development was the decision to hire security firms to audit the code and defend the defi protocol against future, preventable exploits.
That's a smart move. I think it will make Thorchain more secure and trustworthy! It sucks to see such a great project targetted by such hackers. I have heard that they even offered a bug bounty to the hacker in return for stolen funds.
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