THORChain paused its network as an emergency security measure following a $10.7 million theft from its liquidity pools in May 2026. The pause was intended to protect the protocol overall, not to selectively freeze any individual funds or swaps. The attacker’s address was not blacklisted initially and could still trade on the platform, raising concerns about the protocol’s approach to suspicious activity. This interruption highlights ongoing challenges for permissionless blockchain protocols in balancing security with censorship resistance.
THORChain's network halt follows a $10.7 million theft, providing context for readers interested in blockchain security issues. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Sep 28, 2026 13:21 WIB: out of 50 priced major cryptocurrencies, 9 rose and 40 fell today. Notable movers include BAL (Balancer) up 11.14% at Rp16.297 with a typical hold time of 85 days, BCH (Bitcoin Cash) down 9.39% at Rp5.540.105 with Pluang order activity showing 28% Sell and 72% Buy, and COTI down 8.84% at Rp241 with 37% Sell and 63% Buy activity.
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Bitget has started restoring cryptocurrency withdrawals in phases following a security incident, beginning with Bitcoin withdrawals at 4:11 a.m. ET. Withdrawals for each asset will reopen only after the related blockchain completes repairs and securi...
