THORChain moves closer to network restart after $10.7M exploit, activating hacker bounty and security audit.

THORChain is progressing toward a safe network restart following a $10.7 million exploit caused by a vulnerability in a newly joined node operator. The network has approved ADR028, which outlines a recovery plan using protocol-owned liquidity without minting new tokens, and has activated a hacker bounty to encourage fund return. Developers have released patch v3.18.1 and are preparing v3.19.0 for testing, while a security audit of the tss-lib is underway behind closed doors. The focus remains on security and stability, with node operators expected to upgrade quickly once the mainnet version is ready to ensure a safe relaunch.