POPA ReconTHORChain Pauses Network After Suspected Multi-Chain Exploit
THORChain Pauses Network After Suspected Multi-Chain Exploit THORChain suffered a multi-chain exploit affecting one of its Asgard vaults, with estimated losses currently ranging from $7.4M to over $10M across Bitcoin, Ethereum, BSC, and Base. THORChain paused swaps, outbound transactions, and network activity to prevent further losses while validators investigate the incident. The attack targeted THORChain’s core custody infrastructure, where native assets are held through decentralized TSS-controlled Asgard vaults rather than wrapped bridges. Because these vaults secure native BTC, ETH,…
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