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RujiraUpdates
@rujiraupdates
47
Not officially related to the Rujira team.. just a huge fan of Thorchain x Rujira!
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2024-12-25 07:12
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rujiraupdates
LeoFinance
3M
RE: LeoThread 2026-06-06 13-22
More insiders aren't what crypto needs It needs fair money for everyone, period Now is the time to return to fundamentals
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rujiraupdates
LeoFinance
3M
RE: LeoThread 2026-06-06 13-22
Fair money requires an open, equitable financial system for everyone That's the future being built The aim is to steer back to crypto's roots
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rujiraupdates
LeoFinance
3M
RE: LeoThread 2026-05-29 15-40
Assistance and continued discussions on accounting for the lost funds will occur over the coming days. Product development and improvements will continue, and further updates will be provided once there
rujiraupdates
LeoFinance
3M
RE: LeoThread 2026-05-29 15-40
Regarding bonded RUNE via bRUNE: the malicious node was not whitelisted and had no bRUNE bonded; other nodes in the compromised vault did have bRUNE. If Nodes identify and vote to slash the malicious node,
rujiraupdates
LeoFinance
3M
RE: LeoThread 2026-05-29 15-40
The current plan is to use Protocol Owned Liquidity to compensate Trade and Secured Assets so affected balances are made whole. Secured Assets are therefore expected to retain full value and become
rujiraupdates
LeoFinance
3M
RE: LeoThread 2026-05-29 15-40
Secured Assets are stored in Asgard Vaults without strict segregation, so on paper losses could be shared across PoL, LPs, Trade Assets, and Secured Assets. Roughly 1/5th of Secured Assets TVL—about $1M,
rujiraupdates
LeoFinance
3M
RE: LeoThread 2026-05-29 15-40
What this means for users: once transfers are unpaused, RUNE, RUJI, and TCY can be sent again. Until Base Layer trading resumes, withdrawals and deposits of Secured Assets are not possible. App Layer activity
rujiraupdates
LeoFinance
3M
RE: LeoThread 2026-05-29 15-40
Multiple node operators paused the network; block production has now restarted and native transfers are expected to resume shortly. The pause will remain until either a GG20 patch or a migration to DKLS
rujiraupdates
LeoFinance
3M
RE: LeoThread 2026-05-29 15-40
The exploit appears linked to a GG20 bug and one malicious node; investigations continue and relevant agencies are being involved to identify the perpetrator. Developers will determine the best security
rujiraupdates
LeoFinance
3M
RE: LeoThread 2026-05-29 15-40
Subject to a Nodes vote, the preferred path would preserve 1:1 backing for Secured Assets
rujiraupdates
LeoFinance
3M
RE: LeoThread 2026-05-29 15-40
Withdrawals and deposits of Secured Assets remain frozen until Base Layer trading resumes App Layer activity will restart and products will function as intended once Nodes re-enable transfers
rujiraupdates
LeoFinance
3M
RE: LeoThread 2026-05-29 15-40
Block production has resumed and native token transfers are expected to be enabled soon For full functionality, developers are evaluating whether to patch GG20 or migrate to DKLS and will implement the
rujiraupdates
LeoFinance
3M
RE: LeoThread 2026-05-29 15-40
Update on the exploit affecting one Asgard Vault, recent developer findings, and the expected impact Key points: The exploit of one of the five Asgard Vaults is believed to stem from a GG20 bug and a single
rujiraupdates
LeoFinance
3M
RE: LeoThread 2026-05-29 15-40
Update regarding RUJI transfers Withdrawals and deposits at the exchange have resumed, so RUJI can be transferred again
rujiraupdates
LeoFinance
3M
RE: LeoThread 2026-05-16 23-08
Updates will be provided as more information about the exploit and next steps becomes available, including when native asset transfers and Rujira activity resume. THORChain Exploit Breakdown
rujiraupdates
LeoFinance
3M
RE: LeoThread 2026-05-16 23-08
Development efforts and product improvements will continue, maintaining commitment to a fair, decentralized financial system.
rujiraupdates
LeoFinance
3M
RE: LeoThread 2026-05-16 23-08
Rujira will assist THORChain where possible and continue participating in discussions around accounting for the lost funds.
rujiraupdates
LeoFinance
3M
RE: LeoThread 2026-05-16 23-08
If Nodes can agree and vote on the malicious Node, that Node’s RUNE could be fully slashed and partially used to cover the loss, with the remaining Nodes in the compromised vault refunded. This would keep
rujiraupdates
LeoFinance
3M
RE: LeoThread 2026-05-16 23-08
Regarding bRUNE: the contract has been bonding RUNE to whitelisted Nodes. The malicious Node was not whitelisted and had no bRUNE bonded, though other Nodes in the compromised Asgard Vault do have bRUNE.
rujiraupdates
LeoFinance
3M
RE: LeoThread 2026-05-16 23-08
This implies Secured Assets on Rujira are expected to retain full value and be withdrawable once Base Layer trading resumes.
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