THORChain halts trading after security researchers flagged what they describe as a suspected multi-chain exploit. The reported activity involves assets moving across multiple networks, including Bitcoin, Ethereum, BNB Smart Chain (BNB Chain) and Base. One report says the pause follows alerts raised by ZachXBT, who points to a potential total of about $10 million tied to the alleged exploit. According to the coverage, THORChain’s trading is stopped while the issue is investigated, reflecting a broader response pattern used by crypto platforms when potential vulnerabilities or suspicious cross-chain activity are detected. The reports do not provide definitive proof of an attack in their summaries, but they describe the pause as precautionary based on researcher findings. Details on exactly which transactions or routes are implicated, and whether funds are recovered or verified as stolen, are not included in the provided excerpts. The situation remains under review, with THORChain’s trading suspension functioning as a temporary measure pending further analysis.
THORChain pauses trading after suspected $10M multi-chain exploit reports
THORChain halts trading after security researchers flagged what they describe as a suspected multi-chain exploit. The reported activity involves assets moving across multiple networks, including Bitco...
- THORChain pauses trading in response to a suspected exploit.
- Reported suspect activity spans multiple networks: Bitcoin, Ethereum, BNB Smart Chain/BNB Chain, and Base.
- Security researchers, including ZachXBT, flag the issue in public reporting.
- The suspected exploit is reported to involve about $10 million in value, per the coverage.
- The reports characterize the action as a precaution while investigations continue.
THORChain paused trading after ZachXBT flagged a suspected $10 million exploit spanning Bitcoin, Ethereum, BNB Chain and Base.
3 months agoTHORChain halted trading after security researchers flagged a suspected exploit spanning Bitcoin, Ethereum, BNB Smart Chain and Base.
3 months ago
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