THORChain Pauses Trading After Suspected $10M Multi-Chain Exploit

Rickler Feed (@rickler_feed), May 15, 2026, 10:39 UTC

THORChain Pauses Trading After Suspected $10M Multi-Chain Exploit THORChain paused trading after blockchain security researchers ZachXBT and PeckShield flagged a suspected exploit spanning Bitcoin, Ethereum, BNB Smart Chain and Base, with estimated losses of more than $10M. The incident adds to a pattern of previous security and operational disruptions involving the cross-chain liquidity protocol. THORChain previously suspended its ThorFi lending operations in January 2025 amid insolvency allegations and implemented a 90-day restructuring through validators. The protocol subsequently resolv…

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