THORChain loses over $10M in multi-chain exploit, halts trading to assess damage.

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 native token RUNE dropped about 15% following the news, reflecting investor concern. This incident adds to previous scrutiny of THORChain's role in cross-chain DeFi exploits, highlighting ongoing security challenges in decentralized finance.