THORChain suffered a major exploit on May 15, losing over $10 million in cryptocurrencies across multiple networks including Bitcoin, Ethereum, BNB Smart Chain, and Base Chain. The hacker swapped stolen tokens to Ethereum and moved them to a single wallet, highlighting vulnerabilities in cross-chain bridges. In response, THORChain paused all trading and halted the network, though no official statement has been released. Following the hack, the native token RUNE fell more than 15%, losing $27 million in market value as investor confidence weakened.
Cryptocurrency prices are fluctuating with Bitcoin trading around $80,706, up 1.5%, and Ethereum nearly flat at $2,262. Some altcoins like HYPE and FLR show significant gains, while others like SUI and ICP face declines. This mixed performance reflec...
THORChain suffered a multi-chain exploit affecting Bitcoin, Ethereum, BSC, and Base, resulting in losses exceeding $10 million. The protocol paused trading and initiated a global emergency halt to limit activity while investigating the breach. The na...
THORChain experienced a security breach that led to the theft of approximately $10.8 million across four blockchains, including Bitcoin, Ethereum, Binance Smart Chain, and Base. The incident caused the RUNE token to fall about 15%, hitting a two-week...
THORChain, a decentralized protocol for cross-chain swaps, was reportedly exploited for about $11 million across multiple blockchains including Bitcoin and Ethereum. This marks at least the third major security breach for THORChain in recent years, l...
