$10 million evaporated overnight! After THORChain was hacked, DeFi players' hearts raced collectively



The crypto world once again sees a familiar storyline: hackers go live, projects suffer, users lose sleep.
This time, the victim is THORChain, with losses reaching $10 million.
As soon as the news broke, many people's first reaction wasn't shock, but: "Here we go again?"
Gotta admit, hackers have now become the most consistently profitable profession in the crypto industry.
They steal in bull markets, steal in bear markets, and even when the market is bad, they can still hit their KPIs.
THORChain was originally a star project in cross-chain protocols, focusing on "free flow of on-chain assets."
But cross-chain is also one of the most dangerous areas in DeFi because it involves multi-chain interactions, complex code, and huge amounts of funds.
As long as there’s a vulnerability, hackers can operate like an ATM.
Netizens’ comments hit even harder: "Traditional banks get robbed with guns, DeFi gets robbed with functions."
The most embarrassing part is that every time a security incident occurs, the market always repeats the classic process: project teams issue announcements, communities start defending their rights, KOLs stay up all night analyzing live streams, then everyone waits for the next hack.
Why do DeFi projects keep getting hacked? Because the industry is too competitive.
Everyone is racing for speed, innovation, and returns, but security is often the last thing to be addressed.
But even more surreal is that, despite frequent hacks, people still play in DeFi.
The reason is simple: high returns are too tempting.
Many know the risks are huge but still continue with the mindset of "it shouldn't happen to me."
Until the wallet balance hits zero, they truly understand what on-chain education means.
In one sentence: in the DeFi world, you never know whether wealth or zeroing out will come first. #Polymarket每日热点
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MasterChuTheOldDemonMasterChu
· 9h ago
Just charge forward 👊
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MasterChuTheOldDemonMasterChu
· 9h ago
Steadfast HODL💎
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