Thorchain
Coverage of Thorchain in the Nexus archive.
- THORChain resumes trading five weeks after $10.7 million exploit
THORChain resumed trading after a five-week halt following a $10.7 million multichain exploit in May that affected an Asgard vault.
- THORChain resumes trading more than a month after $10M exploit
THORChain resumed all network activity after implementing security upgrades and a vault migration to address vulnerabilities that caused a $10.7 million exploit. The network paused trading more than a month prior to resolve the issue.
- THORChain exploit tied to malicious node and GG20 flaw
THORChain suffered a $10.7 million exploit due to a vulnerability in GG20, a cryptographic protocol. A malicious node exploited this flaw to reconstruct a full private key to one of THORChain's vaults, enabling the theft.
- Zeus Network: A Once Promising Solana Protocol Sits in Cardano's Graveyard
Zeus Network, once a promising Solana-based decentralized Bitcoin protocol backed by Solana co-founder Toly, has significantly declined from $60M USD of locked BTC to only 98 BTC. The project represents a cautionary tale of a failed cryptocurrency venture that promised safer alternatives to centralized wrapped Bitcoin.
- THORChain confirms $10M exploit, rolls out recovery portal for affected users
THORChain has confirmed a $10M exploit and is rolling out a recovery portal for affected users. The exploit has resulted in significant financial losses. THORChain is taking steps to recover and compensate affected users.
- THORChain confirms $10M exploit, rolls out recovery portal for affected users
THORChain has confirmed a $10 million exploit and launched a recovery portal to help affected users revoke malicious approvals and claim refunds across four chains. The recovery portal is intended to mitigate the damage caused by the exploit. Affected users can now take steps to recover their losses.
- Thorchain "exploit" timeline
Thorchain has been hacked six times in five years, resulting in significant financial losses and compromised security. The hacks have occurred through different layers of the architecture, including smart contract bugs, validator software vulnerabilities, and social engineering attacks. The total loss or trapped funds amount to approximately $227 million.
- More than $10 million stolen from crypto platform THORChain
THORChain, a crypto platform, was hacked resulting in a loss of approximately $10.7 million from one of their six vaults. The investigation is ongoing. The incident highlights a significant security breach in the cryptocurrency sector.
- Thorchain hacked.
Thorchain was hacked, resulting in a loss of approximately $7.4m USD from one of the Asgard vaults. The network automatically detected abnormal behavior and halted signing activity. An investigation is ongoing to determine the root cause.
- THORChain pauses trading after suspected $10M exploit
THORChain has paused trading due to a suspected $10 million exploit affecting multiple blockchain platforms, including Bitcoin, Ethereum, BNB Chain, and Base, as flagged by ZachXBT. The exploit's impact spans several major cryptocurrencies. Trading has been halted pending further investigation.
- THORChain’s RUNE Token Plunges Double Digits After $10M Exploit, Trading Halt
THORChain's RUNE token price plummeted after a $10 million exploit was discovered across multiple networks, prompting the liquidity protocol to halt operations. The breach was identified by blockchain researchers. This incident has significant implications for THORChain's security and investor trust.
- THORChain pauses trading as security researchers flag suspected $10M multi-chain exploit
THORChain has paused trading due to a suspected $10M multi-chain exploit affecting several major cryptocurrencies. The exploit was flagged by security researchers and spans Bitcoin, Ethereum, BNB Smart Chain, and Base. Trading has been halted as a result.
- Thorchain halts trading after $10 million cross-chain exploit, RUNE token drops 12%
Thorchain has halted trading after a $10 million cross-chain exploit, resulting in a 12% drop in the RUNE token value. The incident highlights significant security concerns within the platform. Trading activities are currently suspended.
- Why native BTC swaps are brutally hard and why Magi is only the 4th protocol to ever ship them.
Magi is the fourth protocol to successfully ship production-ready native Bitcoin custody for cross-chain swaps, leveraging Hive's blockchain and HBD stablecoin for settlement. This approach enables high-speed, decentralized execution and brings Hive's liquidity into global BTC and EVM ecosystems. Native TSS custody is a complex but potentially crucial infrastructure for Bitcoin DeFi.
- Dormant Ethereum Wallets Being Drained in a New Kind of Exploit, Funds Laundered on Thorchain
Dormant Ethereum wallets inactive for over 8 years are being drained in a new exploit, with stolen funds laundered via Thorchain. Claims of quantum hackers are dismissed due to Ethereum's 256-bit encryption surpassing current quantum capabilities.
- THORSwap launched Metro.exchange, a Bitcoin-first cross-chain aggregator (in open beta)
THORSwap launched Metro.exchange, a Bitcoin-first cross-chain swap aggregator in open beta. It routes trades across THORChain, Maya Protocol, Chainflip, and NEAR Intents, supporting BTC, ETH, SOL, and 10,000+ assets. The platform is self-custodial, KYC-free, and built as a frontend layer by the original THORSwap team.
- Litecoin hit with a zero day attack
Litecoin experienced a zero-day attack targeting its MWEB privacy layer, coupled with a coordinated Denial of Service (DoS) on major mining pools. The attack allowed invalid peg-outs, affecting protocols like Near Intents and THORChain, with potential losses up to $600k. DeFi protocols have seen over $750 million in exploits in 2026, including attacks on Kelp DAO and Solana-based Drift.
- ZEC added to Robinhood + Thorchain
Zcash (ZEC) has been added to THORChain, with Robinhood set to begin ZEC trading in the coming weeks as nodes support it. Bifrost scanning is also enabled, and another major decentralized exchange (DEX) has added ZEC.
- Kelp DAO exploiter launders nearly all 75,700 in stolen ETH through THORchain
The wallet responsible for the Kelp DAO exploit has laundered nearly all $175 million in stolen Ether through THORchain, with an additional $71 million frozen by Arbitrum’s security council.
- Kelp DAO exploiter launders nearly all 75,700 in stolen ETH through THORchain
The wallet associated with the Kelp DAO exploit laundered nearly all 75,700 ETH ($175 million) through THORchain, while $71 million remains frozen by Arbitrum’s security council. The incident highlights vulnerabilities in decentralized finance protocols and ongoing efforts to recover stolen assets.
- Kelp DAO exploiter launders $80 million worth of ETH, mostly through THORChain: onchain analyst
A Kelp DAO exploiter laundered $80 million worth of ETH, primarily through THORChain. The 24-hour swap volume on THORChain surged to $394 million, far exceeding its usual daily volumes of under $35 million.