Thorchain Halts Trading After $10 Million Cross-Chain Exploit, RUNE ...
34 Articles
34 Articles
Thorchain halts trading after $10 million cross-chain exploit, RUNE ...
THORChain exploit turns emergency chain halt into a DeFi trust test
THORChain’s suspected multichain exploit and emergency halt on May 15 has turned into another DeFi security incident, and another test of cross-chain trust. Emergency controls moved through chain-specific halts, Halt All Trading, Halt Signing, Halt Chain Global, Halt Churning, and repeated global node-pause updates. One public alert described the likely exploit affecting Bitcoin, Ethereum, BSC, and Base, resulting in more than $10.7 million in l…
THORChain Freezes Swaps After Suspected Exploit
THORChain pauses swaps after suspected multi chain exploit activity RUNE faces pressure as security concerns hit cross chain liquidity confidence Researchers estimate losses above $10 million while investigation continues While a protocol handling cross chain liquidity suddenly hits the brakes, traders notice fast. Is the THORChain exploit scare exposing deeper cracks in DeFi plumbing? THORChain halted swaps on Friday after blockchain security r…
The protocol also denied the existence of refunds or airdrops circulating on fake accounts. The article "THORChain claims no user funds were lost after the hack" was first published on CriptoNoticias - Bitcoin, Ethereum and cryptocurrency news.
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