Project leader wallet is hacked, revealing hidden encryption security vulnerabilities

Thorchain’s co-founder’s personal wallet was hacked, losing $1.35 million worth of crypto assets, including stablecoins and mainstream digital tokens. The attack may be caused by phishing or social engineering attacks, but does not affect the protocol's mainnet or smart contract. The team is working with cybersecurity experts to track and recover funds, while stressing that project leaders should strengthen personal wallet security measures.