Back Pluang

THORChain resumes trading after $10.7M hack, wi... | Pluang – Crypto, Stocks, Gold & Funds

Pluang • June 23, 2026

THORChain resumed trading after a five-week halt caused by a $10.7 million exploit on May 15, 2026, where a malicious node operator exploited a cryptographic flaw to drain one of its vaults. The protocol avoided minting new tokens to cover losses, in...

The full story

This article is one source in a clustered incident — the cluster page carries the summary, timeline and every other outlet covering it.

THORChain Resumes Trading After $10.7 Million Exploit THORChain has resumed all network activities following a $10.7 million exploit that occurred on May 15, 2026. The exploit was attributed to a vulnerability in the GG20 threshold signature scheme, allowing a malicious node operator to reconstruct a private key. After implementing multiple security upgrades and migrating to new vaults, THORChain confirmed the safety of its vaults and completed verification of all node keyshares. The protocol has also announced plans for new integrations, including support for Zcash and Monero. The recovery process took over a month, with trading, signing, swaps, and liquidity provider actions now restored. THORChain is one of the largest cross-chain trading protocols, facilitating swaps between major cryptocurrencies. The incident has drawn scrutiny from blockchain investigators due to the use of THORChain by hackers to move stolen funds. 5 sources 69

Extracted Entities

Platforms (1)

THORChain