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#thorchain News & Analysis

7 articles tagged with #thorchain. AI-curated summaries with sentiment analysis and key takeaways from 50+ sources.

7 articles
DeFiNeutralBitcoinist · Jun 247/10
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THORChain Trading Resumes After Exploit Halt, But Confidence Test Remains

THORChain resumed trading operations after a significant halt caused by a $10.7 million exploit, marking a critical test of user confidence in the cross-chain liquidity protocol. The resumption signals the team's efforts to stabilize the network, though the incident raises ongoing concerns about security vulnerabilities in decentralized finance infrastructure.

THORChain Trading Resumes After Exploit Halt, But Confidence Test Remains
DeFiNeutralBlockonomi · Jun 237/10
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THORChain Back Online After $10.7M Security Breach Triggers Major Overhaul

THORChain resumed operations after patching a $10.7M security exploit that forced temporary shutdown. The crosschain DEX is advancing its ecosystem with planned integrations of privacy-focused coins Zcash and Monero, plus machine learning token Bittensor.

$TAO
DeFiBearishCrypto Briefing · Jun 237/10
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THORChain resumes trading after five-week halt following $10.7M exploit

THORChain resumed trading after a five-week suspension following a $10.7 million security exploit, highlighting critical vulnerabilities in decentralized finance infrastructure. The incident underscores the urgent need for enhanced security protocols in cryptographic systems and will likely influence how future blockchain protocols approach risk management.

THORChain resumes trading after five-week halt following $10.7M exploit
DeFiNeutralcrypto.news · Jun 237/10
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THORChain trading resumes after $10.7m exploit and month-long halt

THORChain resumed trading operations following a $10.7 million security exploit that forced a month-long network halt. With RUNE trading near $0.419, the platform is implementing vault checks and system upgrades while planning to integrate Monero (XMR) to strengthen its recovery and security posture.

THORChain trading resumes after $10.7m exploit and month-long halt
DeFiBearishcrypto.news · Jun 97/10
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THORChain sets 11-step restart plan after $10.7M hack

THORChain, a cross-chain liquidity protocol, has initiated an 11-step recovery plan following a $10.7M security breach. The network is requesting validator approval for version 3.19.0, which implements enhanced security measures including vault quarantine systems and transaction signature (TSS) verification checks before resuming liquidity and trading operations.

THORChain sets 11-step restart plan after $10.7M hack
DeFiNeutralcrypto.news · May 277/10
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THORChain approves ADR028 as RUNE holders await network restart

THORChain has approved ADR028 and is preparing a network restart following a $10.7M security exploit. The protocol is actively running a hacker bounty program while testing v3.19.0 before mainnet deployment, signaling its commitment to recovery and security remediation.

THORChain approves ADR028 as RUNE holders await network restart
DeFiNeutralThe Block · Jun 236/10
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THORChain resumes trading five weeks after $10.7 million exploit

THORChain resumed trading after a five-week suspension triggered by a $10.7 million exploit affecting an Asgard vault in May. The incident highlights persistent security vulnerabilities in cross-chain protocols and raises questions about the platform's safeguards and recovery mechanisms.

THORChain resumes trading five weeks after $10.7 million exploit