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THORChain halts swaps after Ethereum glitch causes double refund of 10 ETH deposit.

Market News
31 Oct 2026, 20:58 WIB
Tokenpost
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Bearish
THORChain halts swaps after Ethereum glitch causes double refund of 10 ETH deposit.

THORChain paused most cross-chain swaps after an Ethereum reorganization led to a user being refunded twice for a 10 ETH deposit. This emergency halt affected all users on those bridges, extending beyond the single account involved. Chainalysis linked the disrupted route to North Korean hackers laundering stolen Binance funds, meaning the pause also delayed illicit activity. The incident highlights risks in cross-chain protocols and temporarily slowed a major laundering operation.

The Ethereum reorganization event is noted here as context for readers. For those following the broader cryptocurrency market, as of Nov 01, 2026 00:21 WIB, 35 out of 50 major cryptocurrencies on Pluang rose today. Among notable movers, The Sandbox (SAND) gained 2.70% to Rp854 with a typical hold time of 124 days and a strong buy order activity of 96%, Avalanche (AVAX) increased 2.08% to Rp154.725 with 69% buy orders, while Fantom (FTM) declined 2.05% to Rp11.382 with a typical hold time of 88 days.

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