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THORChain pauses trading as security researchers flag suspected $10M multi-chain exploit

The Block·May 15Read the full story →

Hex37's read

  • THORChain has officially halted trading operations.
  • Security researchers identified a potential $10M multi-chain exploit.
  • The suspected vulnerability impacts Bitcoin, Ethereum, BNB, and Base chains.

What it means for traders

  • Expect increased volatility and potential liquidity crunches for cross-chain assets.
  • Monitor for further security updates; avoid bridging assets until the exploit is resolved.

Affected markets

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