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THORChain nears full network restart after approving security upgrade post $10.7M exploit

Protocol Fundamentals
09 Jun 2026
Crypto news
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Neutral
pluang ai news

THORChain is advancing its recovery after a $10.7 million exploit on May 15 by having validators review and approve version 3.19.0, which includes security patches and the ADR-028 recovery plan. This upgrade introduces a quarantine mechanism for compromised vaults and keyshare integrity checks before resuming transaction signing. The restart will happen in stages, prioritizing secured assets and trading, without minting new RUNE or diluting holders. Validator approval is crucial to fully restore network services and rebuild liquidity.

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