‘Unstoppable’ Crypto Exchange Halts Trading After $10 Million Theft

‘Unstoppable’ Crypto Exchange Halts Trading After $10 Million Theft

THORChain has claimed end user funds were not affected by this incident.

THORChain Says Users' Funds Not Stolen in Hack, Denies Compensation Plans

Key Insights Thorchain says no user funds were stolen in the hack and denies fake compensation posts. The cross-chain protocol says the investigation is still ongoing in the $10 million hack, as the protocol remains paused The crypto industry could see heightened attacks and losses in Q2 of 2026 as hackers target DeFi protocols. THORChain confirmed a $10.7 million exploit this week but said the incident did not compromise user funds. The cross-…

THORChain Loses $10.8 Million in Multi-Chain Exploit — RUNE Drops 12% as Protocol Halts Trading – CryptoGazette

Cross-chain liquidity protocol THORChain suffered one of its worst security incidents on May 15, 2026, when attackers drained approximately $10.8 million across four separate blockchains by exploiting a flaw in the protocol’s threshold signature scheme. RUNE, THORChain’s native token, plunged 12% within hours of the breach, and the protocol suspended all trading and signing operations while its security team scrambled to contain the damage. The …

CoinStats - THORChain Hack Exposes Major Security Flaw as...

THORChain paused trading quickly after attackers drained millions across four blockchains. Investigators linked leaked vault keys and suspicious nodes to exploit operations. Rising crypto hacks increase pressure on THORChain recovery and security improvements. THORChain has confirmed that attackers exploited weaknesses tied to its vault infrastructure, draining nearly $10 million across multiple blockchain networks. The protocol has now launched…

Thorchain Exploit Triggers Security Fears Across DeFi - Invest In Crypto News

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Blockchain tracking firm Arkham Intelligence has labeled a set of suspicious wallets as “THORChain Exploiter” addresses, with one Bitcoin-linked wallet holding close to 36.85 BTC — worth roughly $3 million — and a separate Ethereum wallet carrying around 216 ETH. The funds are sitting there, visible on-chain, linked to two addresses that security …

THORChain (RUNE) Launches Refund Portal After $10M Exploit

THORChain confirms $10M hack affecting 12,847 wallets. Recovery portal live for claims; treasury-backed refunds available until June 4. (Read More)